What do you understand by the term “insurance coverage”?

The term “insurance coverage” specifies that when an individual takes an insurance policy from an insurer or an insurance company, the insured things will be covered by the insurance company for a specific amount for themselves or the things that he had taken the insurance policy. It is a type of agreement that consists of some points according to the premiums paid by the policyholder. The person who takes an insurance policy has to pay premiums to the insurance company. According to their insurance coverage, the insurance company has to pay the insured in case of damage or claims made by the insured according to their “insurance coverage”.