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Finance Dictionary and Glossary of Investment Terms
bodily injury coverage
An insurance policy that pays for injuries caused to other individuals in the event of a motor vehicle accident. Described by the notation "a/b" where "a" is the dollar amount in thousands of coverage per person, and "b" is the dollar amount in thousands of coverage per accident. Generally, insurance companies will only the allow purchase of UM/UIM coverage up to the insured's current bodily injury limit.