adhesionInsurance policies commonly are understood to be a species of standardized contracts. This Article challenges that conventional wisdom and argues that insurance policies do not qualify as contracts when the doctrinal and theoretical bases underlying the requirements for the formation of a contract ...
Preferred risks(优良标准体保单): Many life insurers sell policies at lower rates to individuals known as preferred risks. These people are individuals whose mortality experience is expected to be lower than average. Term insurance(定期寿险): Provides a death benefit if the insured dies duri ...
Furthermore, unlike other types of insurance agreements, health insurance policies are contracts of recurring use. That is, health insurance policies are routinely and repeatedly invoked by consumers to finance their health care. Yet, such contracts are written at a level that is beyond the reading...
Progressive American Insurance, handed down in September, could have wide-ranging impacts on a variety of insurance policies and contracts. The opinion covered the usual arguments against enforceability. Disputes regarding adhesion contracts, mutuality requirements, statutory framework, and declaratory actions...
金融专业英语-Insurance-财务保险-To Understand Insurance-了解保险 金融专业Part FOUR Insurance 英语
This is a comprehensive glossary of insurance terms. As new coverages, policies and terms develop, or even if we update a term's definition, the glossary will be updated. If you are looking for a term that is not here, let us know and we will be sure to add it. Just send it in...
Like insurers, companies and their brokers should be inventorying their own policies to evaluate the scope of coverage on their “cyber” policies, as well as evaluating coverage for the cyber peril on all of their P&C policies to ensure there are no surprises at the time of a claim.See al...
All insurance contracts are based on the concept ofuberrima fides,or thedoctrine of utmost good faith. This doctrine emphasizes the presence of mutual faith between the insured and the insurer. In simple terms, while applying for insurance, it becomesyour duty to disclose your relevant factsand ...
Furthermore, unlike other types of insurance agreements, health insurance policies are contracts of recurring use. That is, health insurance policies are routinely and repeatedly invoked by consumers to finance their health care. Yet, such contracts are written at a level that is beyond the reading...
Adhesion Contracts and the Law of InsuranceTrakman, Leon EMan.l.j