What characteristic of insurance contracts indicates that coverage follows the person rather than the property?

The characteristic of insurance contracts that indicates coverage follows the person rather than the property is termed "personal." This aspect of insurance signifies that the policyholder's individual characteristics and status are essential factors in the contract, making it specific to that person. For instance, in policies like health or life insurance, the coverage is dependent on the life or health of the individual insured, rather than being strictly tied to a specific piece of property.

In contrast, other options represent different principles of insurance contracts. Adhesion refers to the standard form of insurance policies, which are usually drafted by the insurer and involve acceptance of the terms without negotiation. Unilateral indicates that only one party (the insurer) is making a promise or commitment, while aleatory denotes that the exchange of value is unequal. These concepts reflect different attributes of insurance contracts and do not emphasize the personal characteristic of coverage being tied to an individual rather than a physical object.