Policy Conditions

Policy conditions are specific rules and requirements set by an insurance company that must be met for the policy to provide coverage. They outline the responsibilities of the policyholder, such as paying premiums on time, reporting claims promptly, or maintaining certain safety measures. Conditions can also specify what actions can lead to claim denial or policy cancellation. Essentially, they define the terms under which the insurance agreement remains valid, ensuring both parties understand their obligations and rights throughout the policy period.