Examlex
Ever since Hunter got his new Shell MasterCard,which gives him a 5 percent rebate on all purchases of Shell gas,he will buy gas only at stores that sell Shell gas.Shell introduced its credit card plan as a means of implementing which type of segmentation?
Co-insurance Clause
A provision in an insurance policy stating that the insurer and the insured will share losses covered by the policy in a specified ratio.
Fireproof
A property of material or construction that provides resistance to fire, preventing or delaying the spread of fire.
Insured
The individual or entity covered by an insurance policy, who is entitled to benefits in case of a covered loss.
Insurance Agent
A professional authorized to sell and advise on insurance policies, acting as an intermediary between insurers and policyholders.
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