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LSDefine

Simple English definitions for legal terms

full coverage

Read a random definition: tertia

A quick definition of full coverage:

Full coverage refers to an insurance policy that provides complete protection without any deductions. This means that if something happens that is covered by the policy, the insurance company will pay for the entire amount of the loss. It is important to understand what risks are included in the policy, as this is known as the coverage. Additionally, some insurance policies may offer dependent coverage, which provides protection for the insured's dependents. In a different context, full coverage can also refer to the ratio between a company's pretax income and its liability for bond interest payments.

A more thorough explanation:

Definition: Full coverage refers to insurance protection that pays for the full amount of a loss with no deduction. It is the inclusion of a risk under an insurance policy, covering all the risks within the scope of the policy.

  • Car insurance that covers all damages to your vehicle, as well as damages to other vehicles and property in an accident, is an example of full coverage.
  • Health insurance that covers all medical expenses, including hospitalization, surgery, and prescription drugs, is another example of full coverage.

These examples illustrate how full coverage provides complete protection against potential losses. In the case of car insurance, full coverage ensures that all damages are covered, regardless of who is at fault. Similarly, with health insurance, full coverage ensures that all medical expenses are covered, providing peace of mind and financial security.

full-covenant-and-warranty deed | full-crew law

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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