Which condition is required to be included in a fire insurance contract concerning legislative requirements?

In a fire insurance contract, statutory conditions are required to be included to ensure compliance with relevant laws and regulations governing insurance practices. These conditions outline the obligations and rights of both the insurer and the insured and serve to protect the interests of both parties. They typically cover aspects such as the duties of the insured in the event of a claim or loss, the insurer's responsibilities, and how disputes will be resolved.

Including statutory conditions is important because they help to ensure that both parties are aware of their rights and obligations under the contract. It also provides clarity and legal framework that aligns with specific legislative requirements in the jurisdiction where the policy is issued. This is crucial in maintaining the integrity of the insurance process and upholding legal standards.

The other options, such as statutory exclusion policy, definition of liability, and administrative duties, do not specifically address the legislative mandates that must be included in a fire insurance contract. They may pertain to different aspects of insurance but do not fulfill the same regulatory function that statutory conditions do.