Question

Which part of an insurance policy describes what property and or perils will be covered by the contract?

This question is from Insurance subject matter

This question was addressed to me by my college professor while I was bunking the class.

Other related questions to my question are:

Which part of an insurance policy describes the covered perils?

What are the 4 main parts of an insurance contract policy?

What are the parts of an insurance policy?

Which one of the following correctly describes a property insurance policy covering property of others?

Answer 1

The correct answer by me is: Insuring Agreement The portion of an insurance contract that describes what is covered. The insuring agreement usually states the perils insured against, the person(s) and/or property covered, the property locations, and the period of the contract.

The title of my answer can be Small Business Guide To Commercial Insurance