Question

The sections of an insurance contract which limit coverage are called

Answer 1

The sections of an insurance contract which limit coverage are called insuring agreement.  The insuring agreement will disclose all information needed to know is and what is not covered on the insurance contract.  It is important to read the information carefully and know what you are agreeing to and what is being covered so that in the event you need to file a claim with your policy, you are covered. 

Answer 2

The section of an Insurance contract which limit coverage are called insuring agreement.

What is Insuring Agreement?

• Portion of the insurance policy in which the insurer agrees to make payment to or on behalf of the insured.
• Contained in the coverage form from which a policy is made.
• Main purpose is to legally bind the insurance company and the insured in a contract.

Thus, the answer would be insuring agreement.

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