Definition of "Covered expenses"

Luis A. & Kayla Badillo real estate agent
Luis A. & Kayla Badillo, Real Estate Agent Keller Williams Realty Premier Properties

  1. in health insurance, reimbursement for an insured's medically related expenses, including room and board, surgery, medicines,anesthetics, ambulance service to and from a hospital, operating room expenses, X-ray, and fluoroscope.
  2. in business interruption insurance, reimbursement of an insured for loss if a business cannot operate, including payroll expense andtaxes.
  3. in extra expense insurance, reimbursement of an insured for extra expenditures made to keep a business operating even under emergency conditions.

Have a question or comment?
We're here to help.

*** Your email address will remain confidential.


Popular Insurance Terms

Popular Insurance Questions