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    • Question

      Which part of the policy includes details such as

      policy duration and limits of liability?
      A Conditions Correct Answer Incorrect Answer
      B Policy Schedule Correct Answer Incorrect Answer
      C Preamble Correct Answer Incorrect Answer
      D Exceptions Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      Explanation :The Policy Schedule is a specific section within an insurance policy that outlines the key details of the coverage, including:

        • Policy number
        • Insured's name and address
        • Policy period (duration)
        • Sum insured (limits of liability)
        • Premium amount
        • Any applicable deductibles or excesses

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