Which of the following must be included in an insurance policy?

A clear description of coverage is a fundamental component of any insurance policy because it outlines the specific protections and limits provided by the policy. This description helps the policyholder understand what is covered, under what circumstances, and any exclusions that may apply. Including this information is essential for ensuring that both the insurer and the policyholder have a mutual understanding of the terms of coverage, which can prevent disputes and misunderstandings in the future.

In contrast, customer testimonials, producers' personal contact information, and a list of competitors do not serve as necessary elements of an insurance policy. Testimonials are marketing tools, producers' contact details are operational but not mandatory in the policy itself, and competitive analysis is not relevant to the content of the policy. Thus, a clear description of coverage is the only option that is required to establish a comprehensive and transparent insurance agreement for the policyholder.