Schedule
Plain English Definition: A detailed list outlining coverage specifics in an insurance policy.
What Schedule really means for someone with an insurance policy
A schedule lists covered items, policy limits, and terms. It ensures policyholders know what is protected under their insurance policy and at what value.
Schedule Real World Examples
- A home insurance policy schedule listing valuable jewelry with appraisal values.
- An auto insurance schedule detailing covered vehicles and drivers.
- A health insurance schedule specifying covered medical services and copayment amounts.