Which aspect of an insurance policy outlines the terms and responsibilities of the insurer and the insured?

The conditions section of an insurance policy is crucial as it outlines the terms and responsibilities of both the insurer and the insured. This section details the obligations that each party must fulfill to ensure the policy remains in force. It specifies important provisions such as the duties of the insured in the event of a loss, how claims must be reported, and requirements for maintaining coverage.

By clearly articulating these responsibilities, the conditions help establish the rights of both parties and provide a framework for resolving disputes or misunderstandings that may arise during the duration of the policy. Understanding this aspect is essential for both parties to fulfill their roles and to help ensure that coverage remains effective and applicable when a claim occurs.