Päävakuutus

Päävakuutus is a Finnish term that translates to "main insurance" or "primary insurance." It refers to the fundamental insurance coverage that forms the core of an insurance policy. In many contexts, it signifies the principal risk that the insurance is designed to protect against. For example, in a home insurance policy, the päävakuutus would typically cover damage to the building itself, such as from fire or water.

The concept of päävakuutus is important for understanding the scope and limitations of an insurance policy. While a policy may include additional or supplementary coverages, the päävakuutus outlines the most essential protection. It is often the most comprehensive part of the policy and forms the basis for calculating premiums. When an insured event occurs, the päävakuutus dictates the primary obligations of the insurance company in terms of compensation. Understanding what constitutes the päävakuutus is crucial for policyholders to ensure they have adequate protection for their most significant assets or risks.