Insurance 101

What is a declaration page?

insurance declaration policy

An insurance declaration page, also known as a "dec page," is a document that provides a summary of the key information contained in an insurance policy. The declaration page is typically located at the beginning of the policy and provides a quick reference guide to the coverage being provided.

The information that may be included on an insurance declaration page varies depending on the type of insurance policy, but may include:

Policyholder information: The declaration page will typically include the name and contact information of the policyholder.

Policy period: The declaration page will include the start and end dates of the policy period.

Premium amount: The declaration page will specify the amount of the premium that the policyholder is required to pay for the coverage being provided.

Coverage types and limits: The declaration page will list the types of coverage being provided under the policy, such as liability, property damage, or medical payments, as well as the limits of coverage for each type of coverage.

Deductibles: The declaration page may include information on the deductibles that apply to the coverage being provided.

Endorsements and riders: The declaration page may list any endorsements or riders that have been added to the policy to modify or extend the coverage being provided.

Overall, an insurance declaration page is a useful document that provides a quick reference guide to the key information contained in an insurance policy. It is important for policyholders to review their declaration page carefully to ensure that they understand the coverage being provided and that it meets their needs.

Disclaimer: The questions and answers above are for educational purposes only. They are meant to provide the public with a general conceptual understanding of insurance and do not constitute advice or analysis. Some answers might be incomplete, outdated, and even not always accurate depending on the particular rules applicable to your state. Importantly, these questions and answers are generic and do not relate to any particular insurance product, including products available on the Waffle platform. If you have any questions about any of your own insurance products, always check the policy first and direct your questions to your insurance agent or the insurance company underwriting your policy.

Continue Reading
Insuranpedia Articles