Policy schedule
Standard provisions
Specific policy provisions
Claim procedure
Answer is Right!
Answer is Wrong!
The correct answer is: A. Policy schedule.
A policy schedule is the first part of a standard insurance policy document. It lists the essential information about the policy, such as the name of the insured, the type of insurance, the policy number, the effective date, and the premium.
The other options are incorrect because they are not part of the first part of a standard insurance policy document.
- Option B, standard provisions, is a set of general terms and conditions that apply to all policies of a particular type. It is usually located at the end of the policy document.
- Option C, specific policy provisions, are the specific terms and conditions that apply to the particular policy. They are usually located after the policy schedule and before the claim procedure.
- Option D, claim procedure, is a set of instructions on how to file a claim under the policy. It is usually located at the end of the policy document.