What document provides a claimant with a summary of their insurance coverage?

The document that provides a claimant with a summary of their insurance coverage is known as the Policy Declaration. This document is often the first page of an insurance policy and serves several important purposes. It outlines key details such as the insured's name, the policy number, the types of coverage included, effective dates, limits of liability, and any deductibles that may apply.

The Policy Declaration offers a concise overview of what the insurance policy entails, making it easier for the policyholder or claimant to understand their coverage before filing a claim. This clarity is essential because it aligns the expectations of the insured with what is actually covered by the policy, thus facilitating the claims process.

While the Insurance Certificate might summarize certain aspects of coverage, it does not offer the comprehensive detail that a Policy Declaration provides. Cover Letters typically accompany policy documents or correspondence but do not summarize coverage details. The Claims Payment Statement, on the other hand, focuses on the specifics of paid claims rather than summarizing coverage.