Definitions for "EXTENDED COVERAGE"
A provision in certain Health policies, usually Group, to allow the insured to receive benefits for specified losses sustained after the termination of coverage, such as maternity expense benefits incurred for a pregnancy in progress at the time of the termination.
With reference to insurance, coverage beyond the normal (standard) policy.
An addition to an insurance policy that provides extra coverage for risks other than those in a basic policy. Extended coverage insurance generally protects the policyholder against property damage caused by unusual perils such as windstorms, hail, explosions and riots. This type of insurance is usually provided in conjunction with fire insurance policy.
Keywords:  reinsure
to reinsure