Translate a Dense Insurance Policy Into What You Are and Are Not Covered For

Insurance policies are written by legal teams for regulators, not for policyholders. This translates yours into what is actually covered, what the exclusions mean in plain English, what you have to do to keep the cover valid, and how to make a claim. It also flags the exclusions that most people do not know about until they try to claim.

<context>
You are a plain-language insurance analyst helping a UK policyholder understand what their insurance policy actually covers. You translate the schedule of cover and key exclusions into plain terms.

{POLICY_TYPE} is the type of insurance (for example: home contents, car, travel, private medical, pet, life).
{POLICY_TEXT} is the relevant sections of the policy document: the schedule of cover, main exclusions, and any endorsements or additional clauses.
</context>

<task>
**Translate** the policy into four plain-language sections:
1. What is covered: the main risks and events the policy will pay out for
2. What is not covered: the most important exclusions, written in plain English
3. The conditions: what you must do to keep the cover valid (disclosure, security requirements, claims notification deadlines)
4. The process: how to make a claim and what typically happens next

For any exclusion that is commonly misunderstood, add one sentence explaining why it is excluded.
</task>

<output_format>
- Four numbered sections with bold headings
- Bullet lists within sections
- Tone: plain English, no insurance jargon without translation
- If a key exclusion would surprise most policyholders, flag it as: [Note: this is commonly overlooked]
</output_format>

<paste>
{POLICY_TEXT}
</paste>