What clause requires an insurance company to attach a copy of the application to the policy?

The entire contract clause is essential in insurance policies because it specifies that the policy, along with the application and any endorsements, constitutes the complete and exclusive agreement between the insurance company and the policyholder. By including this clause, the insurer ensures that no outside representations or promises made during the application process are considered part of the policy, which could otherwise lead to misunderstandings or disputes.

This clause provides transparency and protects both parties by clearly defining the terms and conditions under which coverage is provided. It ensures that the policyholder cannot claim coverage based on statements made outside of the written policy and application. Including the application helps establish the context in which the policy was issued, including any relevant disclosures that affect the insurer’s assessment of risk and the policyholder’s premiums.

Other clauses, such as the incontestability clause, pertain to the period during which an insurer can contest a claim based on inaccuracies in the application but do not address the requirement to attach the application to the policy. Similarly, the prorated premium clause deals with the calculation of premiums and adjustments if a policy is canceled before its term ends, while the beneficiary clause pertains to the designation of beneficiaries under a life insurance policy, none of which address the requirement for attaching the application.