Insurance Contracts | Definition & Characteristics
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Insurance Contracts | Definition & Characteristics
Learn the definition and characteristics of insurance contracts. Understand the traits of conditional, unilateral, adhesion, and aleatory insurance with examples.
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4.2K views · 88 reactions | #FinEdSeries: Insurance protects you from the unknown and helps you manage risks by transferring the cost of a potential loss to an insurance company. Without insurance, you’re leaving yourself vulnerable to financial ruin. You can insure as many things as you want but there are types of insurance that you absolutely need in your life. Read more FREE life insurance and personal finance tips here: https://bit.ly/3bCRHUE | BPI AIA Life Assurance Corp. | Facebook
4.2K views · 88 reactions | #FinEdSeries: Insurance protects you from the unknown and helps you manage risks by transferring the cost of a potential loss to an insurance company. Without insurance, you’re leaving yourself vulnerable to financial ruin. You can insure as many things as you want but there are types of insurance that you absolutely need in your life. Read more FREE life insurance and personal finance tips here: https://bit.ly/3bCRHUE | BPI AIA Life Assurance Corp. | Facebook
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