Coverage (kalypsi)
Cover is what the insurer undertakes to provide, such as hospital expenses, fire damage or assistance. The terms define when it applies, its limits and exclusions. The absence of a word from a schedule is not enough by itself to decide whether an event is covered.
Also known as: Insurance cover
Covers live in the schedule, but what they mean in practice is decided in the terms: an 'earthquake cover' with a 2%-of-sum deductible and one without are two very different things with the same name.
Mind the split between standard and optional covers too: an optional cover you did not take often still appears in the document — as available, not as active. Whether you hold it is decided by the schedule, not the section heading.
Open the schedule of cover and note each cover's limit and deductible. Then read the exclusions of the same section. In PolicyWallet, each policy's covers appear with their limits and their status — active, optional-not-taken, or excluded.
Upload your policy — free summaryFrequently asked questions
If something is not mentioned at all, is it covered?
The absence of a word is not enough to decide. Some policies list covered risks; others describe broader cover with exclusions. Read the full terms and ask for written confirmation.
How does a cover differ from the sum insured?
The cover says WHAT is paid; the sum insured says UP TO HOW MUCH. A cover with a very low sum can be in force and still fall short.
Related
Educational content, not insurance advice. PolicyWallet explains what the term means and helps you find it in your own document — it does not assert what your policy covers.