What type of policy might limit coverage under certain conditions?

An exclusionary policy is specifically designed to limit coverage under certain conditions, which is why it is the correct choice. This type of policy outlines specific exclusions that detail circumstances or events that are not covered by the insurance. For example, a health insurance plan might exclude coverage for pre-existing conditions or specific treatments.

In contrast, a comprehensive policy aims to provide extensive coverage with fewer exclusions, while a term life policy provides coverage for a specified period but does not inherently limit coverage under certain conditions like an exclusionary policy does. Similarly, a universal life policy is a type of permanent life insurance that allows for flexible premiums and death benefits but does not typically involve exclusionary practices in the same way as exclusionary policies. Thus, the emphasis on exclusions makes the exclusionary policy the best fit for this question.