Which document provides a summary of benefits for a health insurance policy?

The Summary of Benefits and Coverage provides a clear and concise overview of the health insurance policy's key features, benefits, and coverage details. This document is designed to help consumers understand what is offered by their health insurance plan, covering aspects such as costs, covered services, exclusions, and limitations. It is a standardized format, making it easier for individuals to compare different health plans in terms of coverage and costs. This transparency ensures that policyholders have a better understanding of their coverage and can make informed decisions regarding their health insurance needs.

The other options do not serve this purpose: the application for coverage primarily gathers information from prospective policyholders, the policy endorsement modifies specific terms of an existing policy, and the provider directory lists available healthcare providers rather than summarizing the benefits of the insurance policy itself.