Where can the Insured's Duties under a title insurance policy typically be found?

Prepare for the Michigan State Title Insurance Exam. Enhance your knowledge with multiple choice questions, each with hints and explanations. Get ready to succeed!

The Insured's Duties under a title insurance policy are typically outlined in the Conditions section. This part of the policy sets forth the requirements that the insured must follow to maintain their coverage and outlines the obligations that the insured must fulfill in relation to the claim process and the policy itself.

These duties may include prompt notification of any claims, cooperation during the investigation, and compliance with any requests made by the title insurer. Understanding this section is crucial for policyholders, as failing to adhere to these duties may affect their ability to successfully make a claim or receive benefits under the policy.

In contrast, other sections mentioned do not contain this information: the policy exclusions primarily list things that are not covered under the insurance, the premium schedule details the costs associated with the policy, and the title report serves as a summary of the property’s title history and does not include the specific duties of the insured. This highlights the importance of the Conditions section in guiding policyholders on their responsibilities under the title insurance policy.

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