Insurance Made Simple
If you’re visiting this page, then good on you for trying to understand insurance better! We’ve highlighted common and useful insurance terms here and broke them down in plain English.

Annual coverage

Annual coverage is the maximum amount you can claim in a policy year.

Why it matters:

For each product, we offer plans with varying levels of annual coverage, so you can choose the one that suits your needs best. For pet insurance, OneDegree doesn't cap the amount for each claim, as long as the total within a policy year doesn't exceed your annual coverage. 

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