Which Part of the Insurance Contract Personalizes the Coverage to the Individual's

question 17

Multiple Choice

Which part of the insurance contract personalizes the coverage to the individual's exposure?

• A)exclusions
• B)insuring agreements
• C)declaration page
• D)conditions

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Definitions:

Equity

Fairness and justice in the way people are treated, achieved by recognizing and addressing differing needs and circumstances.

Equality

The state of being equal, especially in status, rights, and opportunities; involves the promotion of uniform treatment and absence of discrimination.

Personal Identity

The part of a person’s identity determined by their individual attributes and characteristics.

Social Identity

An individual’s sense of who they are, based on their group membership(s), such as nationality, ethnicity, or religion.