Insurance Policy Review Checklist

An Insurance Policy Review Checklist is a document used by policyholders, insurance agents, or risk management professionals to systematically review and evaluate an insurance policy for completeness, accuracy, and adequacy of coverage. The checklist typically includes a series of questions or prompts related to the key elements of the policy, such as the declarations, insuring agreements, exclusions, conditions, and endorsements, as well as the policyholder’s risk profile and coverage needs. The purpose of the checklist is to identify any errors, omissions, or gaps in the policy and to ensure that the coverage is appropriate and up to date. Insurance policy review checklists are often used as part of an annual insurance review process or when purchasing a new policy.