What Does Adequacy of Coverage Mean?

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What does Adequacy of Coverage mean? Read on to discover the definition & meaning of the term Adequacy of Coverage - to help you better understand the language used in insurance policies.

Adequacy of Coverage

Adequacy of Coverage

Determination of the extent to which the value of an asset or property is protected from potential loss. Such protection is effected generally through hedging or insurance.

We hope the you have a better understanding of the meaning of Adequacy of Coverage.

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