coverable

Coverable is an adjective meaning capable of being covered. In physical terms, a coverable object or surface can be protected by a cover, lid, or overlay. In financial, legal, or insurance contexts, coverable refers to items, costs, risks, or losses that a policy or program is designed to cover or reimburse.

In insurance and risk management, coverable expenses or coverable losses are those eligible for payment under a policy, subject to terms such as limits, deductibles, and exclusions. A claim may be described as coverable, meaning the insurer has a liability to reimburse it under the policy, rather than being excluded.

In accounting or budgeting, a project cost or item can be described as coverable by a grant or insurance, indicating it is within the scope of coverage. The term is more common in professional writing; in everyday language people may say "covered" or "eligible for coverage" rather than "coverable."

Etymology and usage: coverable is formed from cover with the suffix -able and appears in English as a technical term from the 19th century. It remains specialized; some style guides prefer more common alternatives depending on context.

See also: coverage, insurable, deductible, exclusions, policy, warranty.