Part of every insurance policy; specifies what the insurance company has agreed to pay for or to provide in exchange for the premium.
The section of an insurance policy that states which losses will be indemnified, what property is covered, and which perils are insured against.
Section describing coverages under a policy. Elsewhere in the policy other sections may restrict or exclude coverages.
Promise made by the insurance company, which outlines its duties. Exclusions, Conditions and definitions that appear later in the policy modify this promise.
The part of an insurance contract that states what the insurer agrees to do and the conditions under which it so agrees.
That portion of an insurance contract which states the perils insured against, the persons and/or property covered, their locations, and the period of the contract.
The portion or section of an insurance policy that details what is covered by the contract for causes of loss or perils, subject to other provisions such as exclusions, limitations, and conditions.
The part of the insurance policy that specifies the promises of the insurer
The part of a policy that contains your insurance company’s promises. This section of your policy describes the main coverages provided by the policy. next letter
The part of a insurance contract stating the promises of the insurer.
That part of an insurance contract that states the promises of the insurer.
The insuring agreement, or coverage grant, of a policy or coverage, states the basic scope of coverage. Exclusions then limit or subtract from the general statement of coverage of the insuring agreement. Insuring agreements are generally broadly construed, and the insured bears the burden of proof that his or her claim comes within the basic scope of coverage of the insuring agreement. If a claim does not come within the insuring agreement, there is no need to consider exclusions.