Question

What are exclusions on an insurance policy?

My question comes from Insurance

I had been asked this question in class test.

Other related questions to my question are:

What is meant by exclusions in an insurance policy what are the different types of exclusions generally found in an insurance contract?

Where are exclusions found in an insurance policy?

What are the standard exclusions found in a life insurance policy?

What are two of the most common exclusions used by underwriters?

Answer 1

The correct answer is: An exclusion is a provision within an insurance policy that eliminates coverage for certain acts, property, types of damage or locations. Things that are excluded are not covered by the plan, and excluded costs don't count towards the plan's total out-of-pocket maximum.

The title of my answer can be What is an exclusion? | healthinsurance.org