What information is typically found on the "declaration page" of an insurance policy?

The declaration page of an insurance policy serves as a summary that provides essential information about the policy. It typically includes details such as the name of the insured party, the property or risks being insured, the coverage amounts, deductibles, and the policy's effective dates. This page is crucial because it gives the policyholder a clear overview of the important elements of their insurance coverage at a glance, allowing them to confirm that their policy meets their needs.

In contrast, the other options refer to information that is not found on the declaration page. Claims filed are documented elsewhere in the policy or claims records, the initial application is a separate document that provides the information used to underwrite the policy, and the obligations of the insurer are outlined in the terms and conditions of the policy rather than specifically on the declaration page. Each of these components is important, but they serve different purposes within the framework of the insurance policy.