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A crisis response team should:
Insurance Contracts
Legal agreements between an insurance company and a policyholder that define the claims which the insurer is legally required to pay.
Avoid Liability
Strategies or actions taken by an individual or entity to minimize or evade legal responsibility and potential damages.
Tangible Property
Physical assets that can be seen, touched, and valued, such as land, buildings, vehicles, and other items with physical presence.
Intangible Property
Refers to non-physical assets that hold value, such as intellectual property, trademarks, and copyrights.
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