What is defined as a written contract or certificate of insurance?

The correct answer is a written contract or certificate of insurance is defined as an insurance policy. An insurance policy outlines the terms and conditions under which the insurance coverage is provided, detailing the obligations of both the insurer and the insured. This document serves as the official agreement that specifies the coverage provided, limits, exclusions, and the responsibilities of each party, making it essential for the understanding and enforcement of insurance contracts.

Liability insurance refers to a type of coverage that protects an insured from claims made by third parties due to negligence or injury. While it is a type of insurance policy, it does not directly describe the written contract itself. Limits of liability pertain to the maximum amount an insurer will pay for a covered loss, which is part of the policy but not the definition of a contract itself. Surplus lines refer to insurance that is not available through traditional insurers and is placed with non-admitted carriers but, again, does not represent the written contract or certificate of insurance.