Examlex
What is a predefined list of values?
Insurance Company
A financial institution that provides coverage by compensating for losses in exchange for premium payments.
Ordinary Action
A common or standard legal action or lawsuit pursued through the regular judicial process to address a grievance or dispute.
Life Insurance Contract
A legal agreement between an insurance company and an individual, where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured person.
Insurer's Liability
Represents the maximum amount a insurance company is obligated to pay to the insured under the terms of an insurance policy.
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