Declaration Page

This is the part/page of an insurance policy or contract which contains all vital information pertinent to the insurance policy, such as the name and address of the insured, the dates of commencement and ending of the coverage, the duration and amount of coverage, applicable and payable premiums, name and address of insurance company, the name and description of insured property, and the actual location of insured property.

In order for your (auto) insurance policy to run smoothly, it is strongly recommended that you strive to complete all required information needed on the basis of your insurance policy. Do not be surprised that things may not actually go well during the time your insurance policy is effective when there is failure to do so.

Typically, an insurer will most certainly demand all details you are expected to submit. This makes up your unique and special declarations that can easily be stored on the database of your insurer. It is much like registering in an institution, which is very vital for your membership status.

Among the numerous reasons for this is due to the fact that most policyholders have actually missed out on their claim they are expected to receive due to none or incorrect details of the insured name and address as well as the name and description of property which may have a negative bearing on your policy.

Posted in: Glossary of Auto Insurance (D)