What do the provisions in an insurance policy that qualify or limit the insurer's promise to perform called?

The correct answer is conditions. In an insurance policy, conditions are the provisions that outline the obligations and responsibilities of both the insurer and the insured. These conditions specify requirements that must be met for the insurer to uphold its promise to provide coverage or benefits. They may detail the actions that the insured must take, such as timely reporting a claim, or conditions that dictate how claims should be handled.

Conditions play an essential role in the interpretation of the policy because they can limit or qualify the insurer's obligations based on specific scenarios or actions. Failing to comply with these conditions can impact the insured's ability to collect benefits under the policy.

Exclusions, while related, specify what is not covered by the policy rather than detailing the obligations of the parties involved. Endorsements modify or add to the terms of the original policy but do not inherently dictate the conditions of coverage. Warranties are statements that must be true for the coverage to be valid, but they function differently than conditions in the overall policy structure.