Insurance Contracts | Definition & Characteristics
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Insurance Contracts | Definition & Characteristics
Learn the definition and characteristics of insurance contracts. Understand the traits of conditional, unilateral, adhesion, and aleatory insurance with examples.
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There are essential elements to a life insurance contract: Consideration, Aleatory (unequal exchange), Conditional, Unilateral. This video explains what they mean and how the client benefits from them. Want to learn how to become an agent to help families secure wealth and make money doing it?? | Marquis Gilbert | Facebook
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