Which part of an insurance contract lists what is not covered?

The correct response identifies the "Exclusions and Limitations" section of an insurance contract as the part that specifies what is not covered by the policy. This section outlines particular situations, events, or types of damages that the insurer will not pay for, thus providing clarity and setting expectations for the policyholder. It's critical for insured individuals to understand these exclusions because they directly impact the coverage and can help avoid misunderstandings when a claim is filed.

Endorsements typically modify the terms of the policy or provide additional coverage, which makes them distinct from exclusions. The Declarations section primarily includes information about the insured, the coverage limits, and the premium amounts, while Conditions refer to the requirements and obligations of both the insurer and the insured in relation to the policy. Together, these components outline various aspects of the contract, but it is the Exclusions and Limitations section that specifically details what is not included in the policy's coverage.