Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following elements except:
a. offer and acceptance,
b. conditions,
c. consideration,
d. legal purpose

The correct answer is B. conditions.

Explanation:

The general conditions are the texts of the standard contracts, which must be used by insurance companies in the contracting of insurance, which contain the regulations and stipulations that govern the respective contract.

These conditions must contain, at least, the following stipulations related to: coverage and insured matter; exclusions; obligations of the insured; aggravation or alteration of risk; insured statements; premium and effects of your non-payment; claim reporting procedure; insurance termination; communication between the parties and, in general, all those matters destined to regulate the contract that do not constitute particular conditions of the same.