Family Coverage

Definition of "Family coverage"

Insurance coverage for the named insured and his or her eligible dependents.

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Related Real Estate Glossary terms

Named Insured

Person, business, or organization specified as the insured (s) in a property or liability insurance ...

Nonresident Agent

Agent who is licensed and who markets and services insurance policies in a state in which he or she ...

Life Reinsurance

System whereby a life insurance company (the reinsured) reduces its possible maximum loss on either ...

Industrial Subdivision

Same as term industrial park: Usually a fairly large site zoned and planned for the purpose of indus ...

Cost-of-living Plan

Plan providing benefits that are adjusted according to variations in a specified index of prices. Fo ...

Cost-benefit Analysis

Comparison of the cost of a solution and the economic benefits that would accrue if the solution is ...

Related Real Estate FAQ

What Is A Rate Lock?

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing ...

What Is A Basic Policy?

A basic policy is a homeowners insurance policy that covers certain perils. ...

What Is Joint Tenancy?

A joint tenancy is an equal, undivided ownership in a property by two or more individuals. ...

What Is Title Insurance?

Title insurance is insurance that protects the lender and buyer against any losses incurred from dis ...

What Is A Buildable Acre?

A Buildable acre consists of 43,560 square feet of residentially designated buildable land, after ex ...

What Is Depreciation?

Depreciation is a decline in the value of property due to general wear and tear, or is also known as ...

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What is a sales contract? What is escrow? What is a home warranty? What does computer insurance cover that my warranty doesn't? Do I need Life Insurance?