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.
Learn more about insurance contract: brainly.com/question/14526380
#SPJ4
Answer:
c.) discrimination
Explanation:
The practice of treating equal people unequally and not letting them have the same opportunities to compete for social and economic rewards is called <u>discrimination</u>. Discrimination is the practice of treating someone differently because of that person's perceived status or characteristics. Discrimination can be positive (in favor of a person), as when someone is offered a job because of that person's sex. However, discrimination is often discussed as negative – for example, when someone is barred from voting because of that person's race.
Answer:
Perceptual set
Explanation:
Perceptual set: In psychology, the term perceptual set is also referred to as perceptual expectancy, and is defined as the phenomenon that involves a specific predisposition through which a person is ought to perceive distinct things in a particular way.
Fundamentally, a person notices only a few aspects of a particular situation or object and hence ignores the other given details. It is said that a perceptual set tends to happen in every sense.
In the question above, the given statement best illustrates the impact of "perceptual set".
