Coverage is called everything that goes above something, in the first instance, a coverage is placed on something in order to protect or fulfill a certain function which will be magnified within a certain safeguard. On this occasion, we will address the issue from a socio-financial point of view, expanding the definition to a range of outcomes within the framework of economics and security as a whole.
Social or health insurance coverage comprises all those aspects in which a company that provides insurance policy services to individuals or companies. The coverage of an insurance policy can vary depending on the plan that is chosen; An example: Mrs. Martínez has worked at the Central Hospital of the city for more than 20 years, for her services and according to what the law stipulates, the company for which she works must grant her a series of benefits, among which are highlighted, vacations, utilities, Christmas bonuses and social insurance for life and health, the coverage of this insurance includes a series of situations in which healthof the employee and her closest relatives (children, parents and husband) is compromised, to the point of being necessary a medical intervention. As part of the insurance functions, the insurance company is responsible for covering all the necessary expenses in the course of the illness or disease, another common case is when a work accident occurs, this time the company is responsible for offering coverage for all damages caused to him or the employees affected by the problem.
A concept of Coverage focused on the financial sector indicates that the protection of a good or assets for the interested party is centered on the ability to cover certain expenses, that is, financial coverage is the power of an institution or person to correspond to A series of expenses, stipulated or not, will depend on the situation in the relationship of the moment with the assets available to be used in this. The coverage at satellite level is understood as an area in which the satellite signal for internet or telephony is available for the equipment that is in it, the coverage of a signal depends on the number of people or clients that the telecommunications company has at your service.