Which part of an insurance contract states the perils that are insured against?

The insuring agreements portion of an insurance contract specifically outlines the perils that are covered under the policy. This section details the risks or events that will trigger a payout or other benefits from the insurer when a loss occurs. It establishes the scope of protection that the insured receives, specifying what types of damages or incidents are included.

To clarify further, the exclusions section identifies what is not covered by the policy, which helps to limit the insurer's liability. Meanwhile, the declarations page provides basic information about the insured, the coverage amounts, and the premium, but it does not detail the specific perils covered. Endorsements are modifications or addendums to the policy that may expand or limit coverage, and while they can affect what is covered, they do not serve as the main section detailing covered perils. Thus, the insuring agreements are key to understanding the primary protections included in a policy.