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Why is a promise to perform a pre-existing legal duty not consideration?
Health Misrepresentation
Health misrepresentation involves providing false, misleading, or incomplete information about healthcare products, services, or insurance coverage.
Insurance Application
A formal request for coverage submitted to an insurer, providing details that help the insurer decide the terms and conditions of an insurance policy.
Beneficiary Payment
Payments made from an account or estate to the individual or entity designated to receive them.
Appraisal Clause
A provision in an insurance policy requiring that any disagreement on the value of a claim be determined through an appraisal process.
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