Which term refers to the specifics outlined in a policy that can terminate the policy if violated?

The term that refers to the specifics outlined in a policy that can lead to the termination of the policy if violated is warranties. Warranties are conditions or promises within an insurance policy that the insured agrees to uphold. If a warranty is breached, the insurer has the right to void the policy or deny a claim because the warranty is considered a fundamental aspect of the agreement.

For example, a warranty might include the obligation for the insured to maintain certain safety measures in their property. If the insured fails to do so, this constitutes a violation that can lead to the termination of the policy, as it impacts the insurer's assessment of risk and grounds for coverage.

In contrast, conditions in an insurance policy typically outline the obligations of both the insurer and the insured, but not all violations result in termination. Exclusions specify what is not covered by the policy and do not lead to termination but rather clarify limitations of the coverage. Declarations provide details about the policyholder, the insured property, and the coverage limits, but they are not the specific terms that could lead to voiding the policy.