What does Exclusion mean? Read on to discover the definition & meaning of the term Exclusion - to help you better understand the language used in insurance policies.
A provision of an insurance policy or bond referring to hazards, perils, circumstances, or property not covered by the policy. Exclusions are usually contained in the coverage form or causes of loss form used to construct the insurance policy.
We hope the you have a better understanding of the meaning of Exclusion.