Examlex

Solved

Complete the Following Terms from the Definitions by Supplying the Missing

question 214

Short Answer

Complete the following terms from the definitions by supplying the missing word parts.
-Pertaining to between the ribs: inter__________


Definitions:

Insurance Policy

A contract wherein an insurer agrees to compensate the insured for specified losses, damages, illness, or death in return for premiums paid.

Co-insurance Clause

A provision in insurance policies that requires the policyholder to bear a portion of the costs of a claim, promoting shared risk between the insurer and the insured.

Indemnity

A contractual agreement in which one party agrees to compensate another for losses or damages incurred.

Damage

Harm or injury that reduces the value or usefulness of something, which can be physical, financial, or reputational in nature.

Related Questions