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⟩ Tell us what do you mean by ‘insurance coverage’?

The term ‘insurance coverage’ means, when an individual takes an insurance policy the insurer will be covered by insurance company for aspecific amount for themselves or the things that he had taken the insurance policy, for which he would be paying premiums to the insurance company. The insurance company will pay the insurer in case of damage or policy claimed by insurer according to their ‘insurance coverage’.

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