Insurance term
Exclusion
What is not covered
Definition
A situation, cause, or item a policy explicitly does not pay for.
In more detail
Declined claims more often turn on an exclusion than on the absence of cover in the first place. Exclusions are typically grouped by cause, by item, and by circumstance, and each group is read independently.
Some exclusions can be bought back through an endorsement; others are structural and cannot be removed at any price.
Glossary entries are general explanations, not advice. Where a term appears in a contract or policy, the definition in that document governs.