Question

Where would you look to find what perils are covered on a policy?

1) Declarations Page
2) Insuring Agreement and Exclusions
3) Insuring Agreement Only
4) Exclusions Only

Answer 1

To find what perils are covered on a policy, you should review the Declarations Page and the Insuring Agreement and Exclusions.

Step-by-step explanation:

To find what perils are covered on a policy, you would typically look at the Declarations Page and the Insuring Agreement and Exclusions.

The Declarations Page provides a summary of your policy and lists the specific coverage you have purchased. It will outline the perils that are covered and any deductibles or limits that apply.

The Insuring Agreement and Exclusions section of the policy will provide more detailed information about the coverage, including any specific perils that are excluded or not covered.

While the Insuring Agreement may provide information on the perils covered, the Exclusions section will list any exceptions or situations that are not covered by the policy. Therefore, the most comprehensive source for understanding what perils are covered is to review both the Declarations Page and the Insuring Agreement and Exclusions.