What Does Automatic Cover Mean?
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
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.
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z