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Business Definition for: adequacy of coverage

Dictionary of Finance and Investment Terms

adequacy of coverage

test of the extent to which the value of an asset, such as real property, securities, or a contract subject to currency exchange rates, is protected from potential loss either through insurance or hedging .

Dictionary of Business Terms

adequacy of coverage

sufficiency of insurance protection to repay the insured in the event of loss.

See also underinsured

whole life insurance

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Copyright © 2007, 2000, 1997, 1987, by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.

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