Your Radiusbob account has default coverage types such as Annuities, Auto, Basic Lead, Business, Dental, Disability, Drug (Rx), Final Expense, Group Health, Health, Home, Long Term Coverage, Life, Medicare Advantage & Medigap.
You can modify them in Settings> Coverage Types & Custom Data Fields. For more information on customizing these, see this TUTORIAL.
Coverage Types can be assigned to Leads & Clients when creating or editing the lead. You can also Filter By Coverage Types as well as Bulk Update Coverage Types.