Examlex
A negative aspect of a low-cost leadership strategy is low customer loyalty.
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.
Recover
To regain or obtain compensation or restitution through legal means, often after a loss or injury.
Life Insurance Policy
A contract between an individual and an insurance company, promising payment to named beneficiaries upon the insured person's death.
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