What constitutes the entire contract in an insurance agreement?

In an insurance agreement, the entire contract is considered to be the policy along with the application, provided that the application is attached to the policy. This is important because the policy outlines the benefits, terms, and conditions of the coverage, while the application serves as a declaration of the facts and information provided by the insured at the time of the application process. This combination ensures that both the insurer’s obligations and the insured's representations are documented, making them binding parts of the agreement.

When discussing the entirety of the contract, it is crucial to understand that a mere policy on its own may not encapsulate all the relevant information crucial for a claim decision or for establishing the terms of coverage. The application provides context and clarification, particularly if there are any discrepancies or additional information that needs to be considered. Thus, the incorporation of both documents creates a comprehensive view of the contract between the insurer and the insured.