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Insurance policies are contracts, and as such, to be legally enforceable, they must meet all of the following requirements except for: a Its purpose must
Insurance policies are contracts, and as such, to be legally enforceable, they must meet all of the
following requirements except for:
a Its purpose must be legal
b
The parties to the contract must be competent.
There must be consideration
It must be in a written form
There must be an offer and an acceptance.
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