What is the differnece between Coverd Item and Converage Item?
Covered Item |
Coverage Item |
An item that a coverage item covers. For example, a six
month warranty is a coverage item for a laptop computer, and the laptop
computer is the covered item. |
An item that adds value by providing coverage for another item. For example,a six month warranty is a coverage item for a laptop computer, and the laptop computer is the covered item. Extended Warranty, Service Level Agreement, Software Maintenance, and Subscription are each an example of a coverage. |