What is the purpose of a "declaration page" in an insurance policy?

The declaration page serves a crucial role in an insurance policy as it summarizes the key details and coverage of the insurance contract. It typically includes important information such as the policyholder's name, the coverage limits, the types of coverage provided, the effective dates of the policy, and any endorsements or additional coverages included. This summary is essential for both the insurer and the insured, as it provides a clear and concise overview of what the policy covers and any significant terms related to the coverage.

In contrast to this, contact information for the insurer is generally found elsewhere in the policy document rather than on the declaration page. Similarly, while exclusions may be listed within the policy document, they are not detailed on the declaration page itself. Finally, although the premium amounts may be mentioned as part of the policy details, the declaration page is not a premium invoice; instead, it serves to inform the policyholder about their coverage provisions.