Insurance Policy
Definition
Insurance Policy — in broad terms, the entire printed insurance contract. 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.