Which condition is typically NOT found in an insurance policy?

The insuring agreement is a fundamental part of an insurance policy and typically outlines the coverage provided, including the risks that the policy protects against. It serves as a central pillar in the policy, detailing what is covered and under what circumstances. Because of its importance, you will always find an insuring agreement included in a standard insurance policy.

In contrast, exclusions, conditions, and definitions are components that add clarity and limit the scope of coverage. Exclusions specify what is not covered under the policy, conditions outline the responsibilities of the insured and insurer, and definitions clarify specific terms used throughout the policy. These elements are critical for understanding the limitations and stipulations of an insurance policy, but they are secondary to the core necessity of the insuring agreement. Thus, the insuring agreement stands out as an essential inclusion, making it clear why the assertion that this would not be typically found in an insurance policy is incorrect.