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

Swing Loan

Same as term Bridge Loan: A short-term loan, usually from a bank, that 'bridges' the period between ...

Diversification

Risk distribution included by type of coverage, by kind of risk, and by geographical location. ...

Right Of Entry

Right to enter and start construction or furnishing property that is in the process of being purcha ...

Recordation

The act of recording of deeds and other property instruments in a public registry. Recordation give ...

Special Mortality Table

One used to determine the life expectancy of annuitants. Annuity buyers are not representative of th ...

Gross Negligence

Reckless action without regard to life, limb, and/or property; for example, driving 100 miles per ho ...

Related Real Estate FAQ

What Is A Gift Letter?

A gift letter is when an individual gives you money for a down payment as a gift, that person must w ...

What Is Equity?

Equity is the financial interest or cash value of your home, minus the current loan balance(s). If s ...

What Is A Multiple Listing Service (MLS)?

A multiple listing service is a computerized listing of the homes for sale in an area listed with a ...

What Does A Back-end Ratio Mean?

A borrowers other debts, such as auto loans and credit cards, figured into the debt-to-income ratio. ...

What Is Homeowners Association (HOA)?

Homeowners association is a nonprofit association that manages the common areas of a condominium or ...

What Is An Annuity?

An annuity is a long-term, interest-paying contract offered through an insurance company or financia ...

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