What type of information is typically included in a policy's insuring agreement?

The insuring agreement of an insurance policy outlines the essential terms of coverage between the insurer and the insured. It details what risks are covered and under what circumstances the insurer will provide benefits to the insured. This section serves as the foundation of the policy, establishing the relationship between the two parties regarding protection against specific risks.

Renewal dates are relevant to the administration of the policy, as they indicate when the coverage needs to be renewed, but they do not define the specifics of what is covered. Key elements that would typically appear in the insuring agreement include the coverages provided, the insured events, and the obligations of the insurer when a loss occurs.

While the insurer's address, location of premises, and policy limits are important aspects of the policy, they do not form part of the insuring agreement. The insurer's address is a contact detail, the location of premises refers to property specifics, and policy limits indicate the maximum amount the insurer will pay under the terms of the policy. These elements support the insuring agreement but do not constitute its core content, which is focused on the coverage terms themselves.