Policy fundamentals

Policy fundamentals unwrap the fine print that decides how and when an insurer pays. We start with the declarations page, pointing out where coverage types, effective dates, and named insureds set the legal frame. Examples highlight how one missing comma or misnamed asset can void a claim. Next we decode exclusions and endorsements. Plain tables translate jargon such as “concurrent causation” or “all-risk minus” into real outcomes. A final section walks through renewal notices and cancellation clauses so you see date triggers and premium adjustments early, giving you time to renegotiate or shop around.