Insurance is often written when there is not a sufficient number of exposures to allow close calculation of the probable loss.
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Q7: Most life and health insurance contracts contain
Q8: The insurer is entitled to its subrogation
Q9: In most states even if a warranty
Q10: A concealment would be illustrated by a
Q11: Usually, legal mistakes in insurance contracts still
Q13: An insurer will not accept risks that
Q14: Insurance cannot be written against arson because
Q15: The large-loss principle states that people should
Q16: An insurance policy is an aleatory contract,
Q17: The principle of adhesion states that ambiguities
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