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insurance policy

An insurance policy, in broad terms, is the entire printed insurance contract.

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Generally, an insurance policy is assembled with a combination of various standard forms, including a declarations page, coverage form, and endorsements. Sometimes, a causes of loss form is also required. Together, these forms delineate the coverage term, the insurance policy limits, the grant of coverage, exclusions and other limitations of coverage, and the duties and responsibilities of the insured in the event of a loss.

Synonyms

Insurance Contract

Related Terms


Causes of loss forms are Insurance Services Office, Inc. (ISO), commercial property insurance forms...

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