The scope of protection provided under the contract of insurance is ______.

Question

Question: The scope of protection provided under the contract of insurance is ______.

Options:

1.  Condition
2.  Coverage
3.  Contribution
4.  None

Answer 1

2. Coverage

The scope of protection provided under the contract of insurance is Coverage.

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More information:

Insurance coverage of the amount of risk, liability, or potential loss insured by the insurer. It helps people recover from financial losses.

Insurance companies use the term for the amount of insurance purchased.