The portion of a policy which describes the degree of risk the insurer is willing to assume.
That portion of a policy which describes the risk which the insurer has agreed to assume.
A statement that specifies the type of loss covered by the policy and the parties involved in the insurance contract
The clause in an insurance contract which sets forth the type of loss being covered by the policy and the parties to the insurance contract.
Describes the intent of the policy, just what insurance coverage is provided by the policy and in what limits.