The Himalayas were harsh, and hard to pass through. The climates were cruel and cold. Although, Hindu Kush was easier to pass through and typically had fair climate.
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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<u>Answer:</u>
Chile is similar to Venezuela in terms of arable land as the percentage of arable land in both the countries is below 4%.
Explanation:
- The economies of the South American countries of Chile and Venezuela are majorly dependent on fishing and allied businesses as agriculture in these two countries is close to impossible owing to the unavailability of arable land.
- The percentage of arable land in Chile is approximately 2% whereas the same for Venezuela is Approximately 3%. These negligible percentages of arable land leave the agricultural sector in the countries on the third spot after the services and industry sectors.
