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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.


Definitions:

Subduction

The process by which one tectonic plate moves under another and sinks into the mantle as the plates converge.

Thrust Faulting

A type of faulting where one rock layer is pushed up and over another due to compressional forces.

Compression

A force that acts to reduce volume or shorten a material, critical in the formation of geological structures.

Tension

A force that stretches a material, attempting to elongate it.

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