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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Answer:
Social classes and urbanization would be the answer to this question.
Though it was supposed to be separate but equal it wasn't. The African American accommodations were often worn down and dirty. While the White Americans were given much nicer and cleaner things. Also African Americans were treated very badly during the segregation era. <span />