Declaration

What Does Declaration Mean?

In the context of insurance, a declaration is the first page or pages of a liability or property insurance policy. It contains factual information about the policyholder, the property (in property insurance policies) or items covered, and other essential details about the policy.

Insuranceopedia Explains Declaration

The declaration section of an insurance policy provides important information about the policyholder, the covered item, and the contract. This includes the name, address, and contact details of the policyholder, as well as the location and description of the property or items being covered. It also specifies the coverage start and end dates, the premium amount, and other supplementary details about the contract. The declaration page can vary between policies, as it includes specific personal and property information, among other tailored details.