Coverage Initiated

Business / Finance / Coverage Initiated: The purchase of a contract to offset a previously established short position.

Individual Stop-Loss Coverage

Health / Health Insurance / Individual Stop-Loss Coverage: A type of stop-loss insurance that provides benefits for claims on an individual that exceed a stated amount in a given period. Also known as specific stop-loss coverage. MORE

Initiate Coverage

Business / Finance / Initiate Coverage: A company's first sale of stock to the public. Securities offered in an IPO are often, but not always, those of young, small companies seeking outside equity capital and a public market for their stoc MORE

Interest Coverage Ratio

Business / Finance / Interest Coverage Ratio: The interest rate, such as prime or LIBOR, that is used as a reference point for quoting borrowing rates. For example, using the prime rate as the interest basis, a loan might be offered at prime plus MORE

Guaranteed Replacement Cost Coverage Insurance

Business / Finance / Guaranteed Replacement Cost Coverage Insurance: A type of insurance policy that requires the insurer to renew the policy to an individual regardless of health changes. No changes may be made to an individual policyholder unless the same change is a MORE

Group Health Coverage

Health / Dentistry / Group Health Coverage: A health benefits plan that covers a group of people as permitted by state and federal law. MORE

Duplicate Coverage

Health / Dentistry / Duplicate Coverage: When a person has coverage for the same health services under more than one health benefits plan MORE