Examlex
Find the least common denominator for the expression.
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Underwriter
In insurance law, the insurer, or the one assuming a risk in return for the payment of a premium.
Premium
The amount paid for an insurance policy, reflecting the cost of coverage.
Insurable Interest
An interest either in a person’s life or well-being or in property that is sufficiently substantial to justify insuring against injury to or death of the person or damage to the property.
Enforceable
Describing a legal agreement or obligation that can be upheld and compelled by law through legal action.
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