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An outlier is
Indemnify
To compensate for loss or damage, or to guarantee protection against future losses.
Void Ab Initio
Describes a contract or agreement that is considered null from its inception, meaning it never had legal validity.
Insurable Interest
A stake in the value of an entity or event for which an insurance policy may be obtained to cover losses.
Insurance Contract
A legally binding agreement between an insurer and an insured, where the insurer promises to pay benefits for specific potential future losses in exchange for premiums paid by the insured.
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