Home » Insurance » The part of a policy that describes the event that led to  a loss is

The part of a policy that describes the event that led to  a loss is

The part of a policy that describes the event that led to  a loss is

  • A.
    operative clause
  • B.
    recital clause
  • C.
    heading
  • D.
    schedule
Correct Answer: Option A
Explanation

The Operative clause in an insurance policy sets outs the circumstances that must be present before an insurance company will pay out any claims to insured parties.