What must be disclosed on an insurance policy’s summary page?

The summary page of an insurance policy is designed to provide a snapshot of the most critical aspects of the coverage. Therefore, it must include key coverage limits and policy conditions, which are fundamental elements that outline what is included in the policy and the maximum amounts the insurer will pay for covered claims. This concise presentation of the essential conditions and limits allows policyholders to quickly understand their coverage and any pertinent restrictions.

While premium discounts, exclusions, and agent commissions may be important details regarding an insurance policy, they are typically not required to be disclosed on the summary page. The focus of the summary page is to highlight the core coverage aspects that the policyholder should be aware of at a glance.