A deductible is a sum of loss from which the insurance policy expressly excludes coverage.
What do you mean by insurance contract?
In a legal document called as an insurance contract, the agreement between an insurance provider and the insured is laid out. Every insurance transaction is centered around the insuring agreement, which specifies the risks covered, the policy's limits, and the length of the policy.
What type of contract is an insurance policy?
One party only makes an enforceable guarantee in a unilateral contract, which is referred to as such. When it comes to making a legally binding commitment to pay covered claims, the insurer alone establishes unilateral contracts that make up the majority of insurance policies.
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Openness.
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How Europe exported the Black Death. The medieval Silk Road brought a wealth of goods, spices, and new ideas from China and Central Asia to Europe. In 1346, the trade also likely carried the deadly bubonic plague that killed as many as half of all Europeans within 7 years, in what is known as the Black Death.
<span>The Moroccan Crisis (1905-1906) was the first crises and was one of the long term causes of World War One. The fight over control of Morocco broke down the trust between the major European Powers. The second crisis was the Bosnian Crisis (1908-1909) and was caused by Austria-Hungary's desire to annex Bosnia-Herzegovina. This crisis led to the assassination of Franz Ferdinand which triggered the breakout of the war. </span>
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In early 1803, Jefferson appointed James Monroe as a special envoy to France. Monroe and Minister to France Robert Livingston would try to buy land east of the Mississippi or in New Orleans itself, or, if all else failed, to secure U.S. access to the river. Jefferson authorized them to negotiate up to $10 million.
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