Most auto insurance policies has standard format and structure. They are divided roughly in six sections: first section – heading, which shows the full address, name of the auto insurance company,which underwrites your auto insurance policy. Second section is preamble covering what an auto insurance premiums have paid and the following form is the base of the auto insurance contract. The next section is operative clause.It is a detailing list with the types of the events that auto insurance policies cover against (comprehensive, third party fire and theft or third party only). Exceptions clause are cover exceptions or cover exclusions.more info Absolute Insurance
For instance, cover will not be provided if the car is driven by anybody other except the drivers, which are mentioned in the auto insurance certificate. The fifth section is condition – the list with conditions, applying for the cover in order to be operative. So, for instance, covered by insurance has to notify auto insurance company or its agent about any incident, that could affect on a claim, made under the auto insurance policy.
The last section of auto insurance policy is schedule.It is connected with the auto insurance policy and the auto insurance certificate and gives some details, that are specific to the insured person such as period of auto insurance and name. Cover or car changes are written down in the schedule and also new certificate, which is published in order to comply with lawful requirements. It also contains a note about the premiums payable.