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What types of uses do the licenses you clear for me allow?

Answer:

Cover Song Licensing
The Compulsory Mechanical License allows you to record your new version of an existing song that someone else wrote. It does not cover new recordings of existing recordings. Your release must be for personal, private use only (Selling your album is allowed under this license, but not for public performance, background track, or karaoke purposes. Only for private listening by the end user.)

Custom Licensing
With Custom Licensing, you can request a license for any use. However, the copyright holder can set any price, or reject the license outright. For this reason, Custom Licensing is not guaranteed.
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https://www.easysonglicensing.com/pages/help/resources/music-licensing-question-with-answer.aspx