You should also note any emphasized words in the insuring agreement that are in bold-faced font, italics or in quotation marks. These words are meant to highlight that the word has a defined meaning for purposes of the policy and should not be used in another way. The next section is the Conditions section, which outlines the duties that both you as the insured and the insurance company must fulfill to maintain coverage. It is important to read the insuring agreement closely because it will help you identify potential gaps in coverage or limits of liability.