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What photosynthetic organism is found in the tissues of coral?
Insurable Interest
The stake or financial interest an individual or entity has in the potential loss of something insured, ensuring they suffer a direct loss if an insured event occurs.
Good Faith
A sincere intention to deal fairly with others without any intention to deceive or commit fraud.
Coinsurance Clause
A provision in an insurance policy requiring the policyholder to bear a portion of the costs of a claim, reducing the insurer’s risk.
Fire Insurance Policy
A contract that provides compensation for damage or loss of property due to fire.
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