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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In Maglev, superconducting magnets suspend a train car above a U-shaped concrete guideway. Like ordinary magnets, these magnets repel one another when matching poles face each other. ... Here, both magnetic attraction and repulsion are used to move the train car along the guideway
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Explanation:
Patricians had all the power and made laws that benefit themselves only. Why were the patricians frightened by the actions of the plebeians. The plebeians stopped work and stopped defending the city.
I believe the answer is: <span>person-situation controversy
</span><span>person-situation controversy refers to a debate in the field of psychology which argue whether a person or the situation play a more crucial factor in determining a person's behavior.
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Experts who support the 'person' side in this controversy believed that people with bad personality traits would always do bad behaviors regardless the situation they're in.
Experts who support the 'situation' side in this controversy believed that bad behaviors only occurs because the people are facing bad situations in their life.
