Examlex
Robert Merton used his functionalist approach to conceptualize science as a middle-range social institution that was governed by norms.
Coinsurance Clause
A provision in an insurance policy that defines the split of responsibility for payment between the insurer and the insured.
Short Rate
A penalty premium amount charged when an insurance policy is terminated by the policyholder before the end of its term.
Coinsurance Clause
A provision in an insurance policy that defines the split of costs between the insurer and the insured after the deductible is met.
Coinsurance Clause
A provision in insurance policies that requires the policyholder to bear a portion of the costs of a claim, serving to share risk between the insurer and insured.
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