Adequacy of coverage

Adequacy of coverage

A test that measures the extent to which the value of an asset is protected from potential loss either through insurance or hedging.

Adequacy of Coverage

The extent to which an asset or investment is protected from loss by insurance or hedging. For example, if one owns a house, there is the risk that it could burn down. Adequacy of coverage measures the extent to which the insurance benefit covers the value of the house.
References in periodicals archive ?
Continually evaluate the insurance program for adequacy of coverage.
Each person should 2 make an independent decision about his/her selection of a plan based on individual circumstances and adequacy of coverage in consultation with trusted advisors Other information is available through your state's Exchange.
Make sure clients review the adequacy of coverage, limits, and the presence of "cost/fee coverage," which can pay for outside providers to help investigate a crime.
But to really meet the needs of employees, the focus should be on the adequacy of coverage.
Krytox DF, DF/IPA and DF/W dispersions available as concentrates in 14 lb, isopropyl alcohol and water allowing user to customize the dispersion for ease of application and adequacy of coverage.
Life Insurance Ownership Study measures trends in life insurance ownership and adequacy of coverage for the U.
Among managers of enterprises of unprecedented size, there is unease about the adequacy of coverage available under insurance and other loss-financing arrangements.