Which policy provision states that the application is considered part of the insurance policy?

The provision that states the application is considered part of the insurance policy is known as the entire contract provision. This provision is essential because it ensures that both the insurance policy and the application are considered together as one complete document. This means that all representations made by the applicant in the application are included in the policy. If there's ever a dispute regarding the terms, coverage, or binding nature of the policy, the entire contract provision provides clarity by reinforcing that the application contributes to the overall agreement between the insurer and the insured.

The combination of the policy and the application as a single document protects both parties by preventing the insurer from denying a claim based on information that was disclosed during the application process. Therefore, any misrepresentations or omissions made by the applicant can only be scrutinized with reference to the application itself, ensuring fair treatment of the insured.

Other options, such as policy amendments, conditional receipts, and mandatory provisions, serve different purposes within insurance contracts, but they do not specifically indicate that the application is part of the insurance policy in the foundational manner that the entire contract provision does.