Intro to Coverages

As a Boost Partner you will determine which specific insurance Product(s) you want to offer to your Customers. Each of these Products has Coverages that specify exactly what risks the insurance protects its customers against. For example, a Pet Insurance Product may define specific coverages like Dog Sniffle Coverage to protect customers against the risk of expenses related to their dog catching the sniffles.

Coverage Types

Base Coverages

In some cases, purchasing certain Coverages may be required by the customer. Think of that as a package deal. In Pet Insurance, common required coverages include Accident (sprained leg) or Illness (kennel cough). These coverages provide a baseline from which your customer can build up on.

Endorsements / Optional Coverages

In other cases, coverages may be optional or electable by the customer or entity. Think of that as a ‘build-your-own insurance’ approach. Things like Dog Sniffle Insurance may not be included in the Base Coverage but customers may select it as an Optional Coverage.

Boost works to make insurance modular by having as many optional Coverages as possible. This allows you to elect how best to structure your individual Product(s). You may want to offer your Customers a simple baseline Policy with a suite of optional Coverages they can add. Or, you could offer 2 or 3 preconstructed Policies that best serve your different Customer segments. Boost’s modular approach will allow you to customize the Product to whatever best fits your Customer’s needs.

Coverage Features

Coverages are defined by their own underlying components that need to be established as part of developing your Product.

Coverage Sublimits

Many Policies may include a limit, the maximum amount that an insurer would pay out to the Primary Named Insured for all covered losses. Sublimits work the same way for specific coverages by defining the maximum of the total Policy limit available for a specific coverage. Dog Sniffle Insurance might have a sublimit of 5%. So, after spending 5% of the limit on Dog Sniffles, the sublimit would be met and further Dog sniffle related expenses would no longer be covered under the Policy.


The amount an Insured must pay out of pocket before being reimbursed by the Insurer is the deductible. For example, Customers must pay $100 of out-of-pocket for Dog Sniffle-related expenses before the terms are met and they can be reimbursed for future Dog Sniffle-related expenses.

What’s Next