What is the primary focus of the insuring agreement?

The primary focus of the insuring agreement is on the promises made by the insurer. This part of the insurance policy outlines the specific coverage provided and the obligations of the insurer to compensate for covered losses. It serves as the essential foundation of the insurance contract, detailing what risks are insured and the terms under which the insurer will respond to those risks. By clearly stating these promises, the insuring agreement establishes the insurer's duty to pay claims arising from covered events, which helps the insured understand their protection and expectations from the policy.

While coverage exclusions, conditions for policy termination, and legal actions against the insured are all important components of an insurance policy, they serve secondary roles. Coverage exclusions specify what is not covered under the policy, conditions outline how and when coverage may be limited or terminated, and legal actions describe the rights and responsibilities between the insurer and insured; however, they do not form the core basis for the coverage itself, which is primarily defined by the promises made in the insuring agreement.