About an insurance contract: The insurer must indemnify the insured for losses caused by specified events.

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About an insurance contract:

■■ The insurer must indemnify the insured for losses caused by specified events.

■■ In return, the insured must pay a fixed premium during the policy period.

■■ Interpretation of an insurance contract can give rise to a legal action when the insurer refuses to indemnify the insured.

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Legal Aspects Of Health Care Administration

ISBN: 9781284231526

14th Edition

Authors: George D. Pozgar

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Question Posted: May 13, 2024 01:21 AM

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About an insurance contract: The insurer must indemnify the insured for losses caused by specified events.

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Indeed an insurance contract typically involves an agreement between an insurer the insurance company and an insured party the policyholder to provide ...View the full answer

Legal Aspects Of Health Care Administration

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