Ch. 1 LIFE
🇬🇧
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Ch. 1 LIFE - Details
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13 questions
🇬🇧 | 🇬🇧 |
1. Agreement- offer and acceptance 2. Consideration' 3. Competent parties; and 4. Legal purpose | Elements of a legal contract |
A person applying for insurance. | Applicant or proposed insured |
The company who issues an insurance policy. | Insurer (Principal) |
Coverage on human lives. | Life insurance |