Question

What does standard exclusion mean in insurance?

I want to ask this question from Insurance topic

This question was addressed to me during an internship interview.

Other related questions to my question are:-

What does standard exclusion mean in insurance?

What is standard exclusion?

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Answer 1

Right answer is: Exclusion — a provision of an insurance policy or bond referring to hazards, perils, circumstances, or property not covered by the policy. Exclusions are usually contained in the coverage form or causes of loss form used to construct the insurance policy.

The title of my answer is Exclusion | Insurance Glossary Definition | IRMI.com