To be considered an insurance contract, a policy must be?

• A. Written
• B. Oral
• C. Verbal
• D. Implied

Answer: (A)

Insurance contracts rely on a written document to be enforceable because the policy records exactly what is covered, the limits, exclusions, duties of the insured, and the premium. The written form provides a clear, unambiguous record that both sides can reference, helping prevent disputes over what was promised. In Florida and most jurisdictions, the law requires important contracts like insurance to be in writing to ensure there is evidence of the agreement. An oral or verbal arrangement lacks the precise terms and proof needed, making it unreliable as the contract. An implied contract could arise from actions, but the formal insurance contract is normally a written policy that memorializes the agreement.