The entire contract includes the actual policy and the
a. inspection report
b. warranty statements
c. provisions
d. application
Answer. c. provisions
An insurance contract typically consists of two main components: the community leaders have to make the document’s policies and provisions understandable. The policy document describes the fundamental features of the coverage compared to others, the ones such as the insured, the insurer, the coverage period and the premiums. While the coverages are the descriptions of what the policy will insure against, the provisions cover the ground rules, the terms, conditions, exclusions, and limitations that fundamentally govern the insurance contract. They specify certainly the rights and obligations of either sides, so that they state what is covered and what is excluded, and finally have some steps within which the claimants to be able to file claims and put an end to the dispute. The actions gathered towards the contract and thoroughly checked out by the insured to make sure they are fully aware of the extent and restrictions of their cover.