What is Exclusion? | LIFE-HEALTH-INSURANCE, PROPERTY-CASUALTY-INSURANCE Exam Prep

An exclusion is a policy provision that specifies conditions, circumstances, or types of losses that are not covered by an insurance policy, eliminating the insurer's obligation to pay for those particular claims. 📚 Learn more about Exclusion and other key terms for your LIFE-HEALTH-INSURANCE, PROPERTY-CASUALTY-INSURANCE exam at Open Exam Prep. 🎯 This term appears on: LIFE-HEALTH-INSURANCE, PROPERTY-CASUALTY-INSURANCE 🔗 Full glossary: https://www.open-exam-prep.com/glossary 🔗 Exclusion definition: https://www.open-exam-prep.com/glossary/exclusion 💡 Exam Tip: Exclusion = NOT covered. Know common exclusions: war, intentional acts, flood, earthquake. Pre-existing conditions excluded in most policies EXCEPT ACA-compliant major medical. --- #insurance #examprep #financeexam #life-health-insurance #property-casualty-insurance