A Contract of Insurance Is to Be Interpreted as It

question 24

True/False

A contract of insurance is to be interpreted as it would be understood by a person with technical knowledge of the law or of insurance.

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Definitions:

Oldest-Old

Elderly adults (generally, those over age 85) who are dependent on others for almost everything, requiring supportive services such as nursing homes and hospital stays.

Infirm

Refers to a physical or mental weakness, often associated with aging or chronic illness, leading to reduced mobility or diminished health.

Cognitively Impaired

A term referring to individuals who have significant limitations in intellectual functioning and in adaptive behavior, which covers many everyday social and practical skills.

Integrity Versus Despair

The final stage of Erik Erikson’s developmental sequence, in which older adults seek to integrate their unique experiences with their vision of community.