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Insurance

Contract of adhesion

In finance, there exists a type of contract known as an insurance contract. This specific agreement holds a crucial factor that we must pay attention to - the wording. Any vague or unclear language within this contract will be interpreted in a way that is not in favor of the drafter, in this case, the insurer. It is important to understand this concept in order to fully grasp the implications of insurance contracts.

Abstract

Throughout history, land has been a symbol of wealth and power. The concept of title to land dates back to the ancient world, where rulers granted land to their loyal subje...

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Social insurance

Publicly operated insurance plans are commonly mandatory and provide coverage for individuals. These plans are often established by government agencies and can vary in terms...

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Civil law

In the realm of finance, there exists a concept known as civil wrongs, which pertains to legal actions taken against individuals or organizations for harm caused. One such e...

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Evidence of Insurability

Insurance companies consider various factors when determining whether to accept an applicant for insurance. These include the individual's physical condition and occupation....

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