Possibly live coverage (4)
I believe the answer is:
veil
'coverage' is the definition.
(I've seen this before)
'possibly live' is the wordplay.
'possibly' is an anagram indicator.
'live' with letters rearranged gives 'VEIL'.
(Other definitions for veil that I've seen before include "Women's face covering of live kind" , "Bridal face covering" , "Bridal headdress" , "coverage" , "Nun's headdress" .)