Страховое покрытие и исключение из покрытия указаны в страховом полисе.

Because the sentence has a compound subject: страховое покрытие и исключение из покрытия = coverage and exclusion from coverage.

In Russian, when two singular nouns are joined by и (and), the predicate is normally plural. So:

• покрытие — singular
• исключение — singular
• together → plural idea, so указаны

That is why you get:

Страховое покрытие и исключение из покрытия указаны...
= Coverage and exclusion from coverage are stated...

Указаны is the short passive participle, plural form, from указать (to indicate, to specify, to state).

In this kind of sentence, it works like:

• is/are indicated
• is/are specified
• is/are stated

So указаны does not mean someone is actively pointing at something. It is a formal written style meaning that the information is given in a document.

Compare:

• В договоре указаны сроки. — The time periods are specified in the contract.
• В анкете указано имя. — The name is indicated on the form.

The first phrase gives the full term: страховое покрытие (insurance coverage).

Then the sentence uses the shorter form из покрытия (from coverage) because the noun покрытие has already been identified. Russian often does this to avoid repetition.

So:

• страховое покрытие — full phrase
• исключение из покрытия — literally exclusion from coverage

A fuller version could be:

Страховое покрытие и исключение из страхового покрытия указаны в страховом полисе.

That would also be correct, just a bit heavier stylistically.

Because the preposition из requires the genitive case.

So:

• nominative: покрытие
• genitive: покрытия

That is why you get:

исключение из покрытия

Other examples of из + genitive:

• из дома — from the house
• из документа — from the document
• из списка — from the list

Because в here means in in the sense of inside a document or within a text, and that use takes the prepositional case.

So:

• страховой полис — nominative
• в страховом полисе — prepositional

Breakdown:

• страховой → страховом
• полис → полисе

This is the normal pattern after в when talking about location:

• в договоре — in the contract
• в документе — in the document
• в письме — in the letter

Russian normally omits the verb to be in the present tense.

So where English says:

Coverage and exclusion are stated in the policy,

Russian simply says:

Страховое покрытие и исключение из покрытия указаны в страховом полисе.

There is no separate present-tense are.

This is very common:

• Он врач. — He is a doctor.
• Документы готовы. — The documents are ready.
• Условия указаны в договоре. — The terms are stated in the contract.

They are in the nominative case because they are the subject of the sentence.

You can see that from the dictionary forms:

• страховое покрытие
• исключение

These are the things that are stated in the policy, so they are the grammatical subject.

Only покрытия changes case, because it comes after из.

Because it agrees with покрытие, which is a neuter noun.

Agreement in Russian means the adjective must match the noun in gender, number, and case.

• страховой полис — masculine
• страховое покрытие — neuter
• страховая компания — feminine

So here:

• покрытие is neuter singular nominative
• therefore страховое is also neuter singular nominative

Yes. Russian word order is more flexible than English, especially in formal written sentences.

For example, these are all possible:

• Страховое покрытие и исключение из покрытия указаны в страховом полисе.
• В страховом полисе указаны страховое покрытие и исключение из покрытия.
• Указаны в страховом полисе страховое покрытие и исключение из покрытия.

The most natural version usually depends on what you want to emphasize.

• Starting with В страховом полисе emphasizes the document.
• Starting with Страховое покрытие... emphasizes the items being described.

Yes, it is understandable and natural in insurance-related language.

However, in real insurance documents you may also see related phrases such as:

• исключение из страхового покрытия
• исключения из покрытия
• случаи, не покрываемые страховкой
• нестраховые случаи (depending on the exact legal meaning)

So the phrase in your sentence is normal, but insurance terminology can vary depending on the document and context.

They often do, yes. But grammatically, the sentence is just talking about the exclusion as a category, or perhaps one specific exclusion.

Russian can use the singular in a general or abstract way, especially in formal language.

If the writer wanted to stress multiple exclusions, they could say:

Страховое покрытие и исключения из покрытия указаны в страховом полисе.

That would mean:

Coverage and exclusions are stated in the insurance policy.

So the singular here is not wrong; it just presents the idea in a more general or simplified way.

Страховой полис is the formal term for the actual insurance policy document.

Страховка is more informal and can mean:

• insurance in general
• an insurance policy informally
• sometimes even a safeguard or backup in a non-literal sense

So in a formal sentence like this one, страховой полис is the right choice.

Compare:

• У меня есть страховка. — I have insurance.
• Условия указаны в страховом полисе. — The terms are stated in the insurance policy.

Sometimes yes, depending on context.

Указать can be translated in several ways in document-style English:

• stated
• specified
• indicated
• listed

Here, the most natural choices are probably stated or specified, because insurance language is formal and legal-administrative.

So:

• are stated in the insurance policy
• are specified in the insurance policy

Both fit well.