What Does Automatic Cover Mean?

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

Automatic Cover

Automatic Cover

Insurance protection given by an automatically extendable policy, usually for a specific period and up to certain amounts, to cover fluctuating value of an asset (such as inventory) or the acquisition of a new asset.

We hope the you have a better understanding of the meaning of Automatic Cover.

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