Applies to the amount of protection you have through an insurance company in the event of a lossCoveragePremium

It seems like you're asking about two terms related to insurance: Coverage and Premium.

1. Coverage: This refers to the amount of risk or liability that is covered for an individual or entity by way of insurance services. In other words, it's what the insurance company pays on your behalf in the event of a loss. The extent of the coverage is detailed in the insurance policy.

2. Premium: This is the amount of money that an individual or business must pay for an insurance policy. The insurance company determines the policy premium based on the amount of coverage, as well as other factors such as the insured's age, health condition, occupation or location.

So, in summary, the premium is what you pay to the insurance company for the coverage they provide to protect you against potential loss.