Which document provides a summary of the insurance coverage, limits, and location of the insured?

The Declarations of Policy is a critical document in an insurance policy that serves to summarize essential details about the insurance coverage provided. It typically includes key information such as the names of the insured parties, the specific coverages that are included in the policy, the coverage limits, and the effective dates of the coverage. Additionally, it states the location of the insured property, which is vital for property insurance policies.

This document acts as a snapshot of the policy terms, making it easier for both the insurer and the insured to reference the main aspects of the coverage without having to sift through the entire policy document. It is generally found at the beginning of the policy and forms the basis for understanding what exactly is being covered, thus establishing the agreements made between the insurer and the insured.

In contrast, the other options serve different purposes: General Conditions detail the broader terms and obligations of the parties involved, the Adverse Action Notice is related to informing clients about negative actions taken regarding their insurance, and the Certificate of Insurance is typically used to verify that an insurance policy exists and may not include detailed coverage terms or limits.