A specific condition, circumstance, or type of loss that is not covered by an insurance policy. Exclusions are clearly listed in the policy document and define the boundaries of coverage. Common exclusions include intentional damage, wear and tear, nuclear hazards, and acts of war. Some exclusions can be removed by purchasing endorsements.
Understanding exclusion is important for Canadian insurance consumers because it directly affects how your coverage works and what you can expect when you need to use your insurance. This is a foundational insurance concept that applies across multiple types of coverage and is worth understanding regardless of what insurance you carry.
If you have questions about how exclusion applies to your specific insurance needs, speaking with a licensed insurance broker can help clarify your options and ensure you have the right level of protection.
A licensed insurance broker can explain how exclusion applies to your specific situation and help you find the right coverage.
Find a Broker