When reviewing an insurance policy,which is not considered a key policy provision?
A)The deductible
B)Perils covered
C)Losses covered
D)Amount of coverage

Question

Quizplus · Accepted Answer

The deductible is not considered a key policy provision but rather a component of the policy that specifies the amount the policyholder must pay out of pocket before the insurance company pays a claim. Key policy provisions typically include perils covered, losses covered, and the amount of coverage, which directly relate to the scope and limits of the insurance protection provided.

When Reviewing an Insurance Policy,which Is Not Considered a Key