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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As we all know that agriculture means to grow crops for the livelihood of living beings,it is an important occupation.In other words,nowadays people are busy in their own life.They cant give much time for agriculture.They buy the food they need but they don't have the knowledge that only due to the farmers involved in agriculture they are living.So along with the agriculture we should respect to farmers.
Therefore,agriculture is an important occupation throught the world.
The correct answer among the choices listed above is option C. The regulatory agency that monitors and regulates banking activity is the Federal Reserve System. It is the central bank of the United States. It was created in order to give the country a safer, more flexible and stable financial system.
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Three structures in the World Trade Center fallen because of fire-instigated basic disappointment. The South Tower crumbled at 9:59 a.m. in the wake of consuming for 56 minutes in a fire brought about by the effect of United Airlines Flight 175 and the blast of its fuel.