Cover


Definition of "Cover"

To place insurance in force on an individual, individuals, or an organization.

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Popular Real Estate Terms

Flood Insurance

Same as term Federal Flood insurance: coverage made available to residents of a community on a subsidized and nonsubsidized premium rate basis once th ...

Unscheduled Property Floater

Insurance that offers blanket coverage up to a certain dollar amount on all property of the classification covered by the policy. Floater policies, wh ...

Finite Risk Insurance

Type of insurance that provides a single aggregate limit of coverage within the insurance policy terms, thereby limiting the insurance company's liabi ...

Social Insurance Supplement

Additional coverage designed to provide protection against economic losses incurred by insured wage earners when their income is interrupted or termin ...

Naic: Long-term Care Insurance Model Act National Association Of Insurance Commissioners

Model state law of the NAIC setting minimum standards with which insurance products must comply if they are to qualify under the definition of a long- ...

Excess Line Broker (surplus Line Broker)

Insurance salesperson who is licensed to place coverage with an insurance company that is not licensed to do business in the state of domicile of the ...

Popular Real Estate FAQ

What Do I Need To Know About Condominium Insurance?

Owning a condominium puts you in a unique position. Unique because you have both common and individual insurance needs. Odds are, your condominium ass ...

What Is Comprehensive Homeowners Insurance?

Comprehensive is the most expensive type of homeowners insurance; it covers the most potential damages such as fire damage, water damage not caused by ...

Should I Pay Points For A Lower Rate?

Paying points for a lower interest rate is a trade off between paying money now versus paying money later. A point - equaling 1% of the total loan am ...

What Does Travel Insurance Typically Cover?

Loss of luggage Loss of travel documents Cancellation and lost deposit expenses Medical expenses: including overseas Death Burial and transp ...

What Do I Need To Know About Auto Insurance?

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you own and the reasons to protect them. The year of ...

What Do I Need To Know About Renters Insurance, And What Does It Cover?

You might think, \"Why do I need insurance, I\'m renting?\" Well, even though your landlord probably has an insurance policy on your building, you\'ll ...

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