"policy declarations" refer to statements or announcements made by a person or organization about their plans or rules. It is like a public declaration of the policies they intend to follow or enforce. Full definition
It is not to be confused with the contents and personal property limit on your insurance policy declaration page or the insured value of the dwelling which is always much higher. (thebalance.com)
The maximum amounts payable in an insurance claim are dictated by the limits and deductibles listed on your insurance policy declaration page or coverage summary. (thebalance.com)
A lot of people who buy more than one insurance policies unaware of the necessary policy declaration rule, they do not disclose their existing policies to the new company. (policybazaar.com)