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For each of the items listed below, indicate where they appear in an insurance policy. (ONLY 1 SELECTION PER COLUMN) Declarations Insuring Agreement Exclusions Conditions
For each of the items listed below, indicate where they appear in an insurance policy. (ONLY 1 SELECTION PER COLUMN)
Declarations | Insuring Agreement | Exclusions | Conditions | Endorsements and Riders | |
---|---|---|---|---|---|
Proof of loss requirement | |||||
Excluded losses | |||||
Maximum amount payable by the insurance policy | |||||
Usually but not always included in an insurance policy | |||||
Includes list of covered perils | |||||
Period of coverage | |||||
Notification requirement | |||||
Perils, risks, losses, and properties that are not covered in an all-risk policy | |||||
Types of losses covered | |||||
Valuation basis of loss | |||||
If wording of this section conflicts with that in other parts of the contract, this section takes precedence, negating the conflict. | |||||
Suspension of coverage provisions | |||||
Deductibles | |||||
Duties of the parties to the contract | |||||
Says something like "the insurer promises to pay. |
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