Okuzeka
Insurance vocabulary · Coverage & Exclusions

Cover

Meaning in insurance, with examples

/ˈkʌvər/verbCore term

In insurance, cover means: To include a risk, person or cost in an insurance policy, so that the insurance company will pay if a loss happens.

In Turkish: kapsamak, teminat altına almak, karşılamak

How it is used

One of the most frequent verbs in the field. Customers ask 'Am I covered?' and 'Is this covered?'; a policy covers fire, theft or medical costs. British English also uses it as a noun: 'travel cover'.

Example sentences

  1. Your policy covers theft from the car only if the vehicle was locked.

  2. Are dental treatments covered under the corporate plan?

Common collocations

  • be fully covered
  • cover the cost
  • covered by insurance
  • covered risks
  • not covered
  • coverageThe protection a policy gives: which risks, losses and amounts the insurance company will pay for.
  • exclusionA situation, cause or type of loss that a policy clearly says it does not cover.
  • insureTo protect someone or something with an insurance policy, either as the company selling the policy or as the customer buying it.
  • policyThe written contract between an insurance company and a customer that sets out what is covered, for how long, for how much and on what conditions.

This word in other fields

The same English word can have a different meaning in another field:

More terms: Coverage & Exclusions

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This page explains English vocabulary for learners. It is not financial advice.