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What is an insuring clause?

In more complex policies, the insuring clause (s) section might also include information on the causes of death that are accepted and any limitations (if any) that might apply under different scenarios. This definition explains the meaning of Insuring Clause and why it matters.

Do insuring clauses include exclusions?

To protect the insurance company, insuring clauses almost always include exclusions. It's important for the person purchasing the policy to understand these exclusions before entering into the contract. For example, most insuring clauses exclude coverage for issues that were known at the time the contract was agreed upon.

What is a life insurance insuring clause?

For example, in a life insurance policy, the insuring clause states the main purpose of paying out a specific amount in a death benefit to the named beneficiary after the death of the insured. In this context, it would include the insurer’s name, the face value payable, and the insured’s name.

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