Category: Insurance
1. Conditional Contract – The National Alliance
An insurance contract in which the insurer’s promise is conditioned upon (dependent upon) certain things occurring or being done.(1)…
Under a conditional receipt, the applicant and the insurance company form a “conditional” contract that is contingent upon the conditions that existed when an (2)…
Mar 26, 2021 — An insurance policy is a conditional contract because whether the insurer pays a claim depends on whether a covered loss has happened.(3)…
Unilateral Contract | Insurance Glossary Definition | IRMI.com
Most insurance policies are unilateral contracts in that only the insurer makes a legally enforceable promise to pay covered claims. By contrast, the insured (4)…
by AP Anderson · Cited by 24 — health of the proposed insured. The question then becomes whether there was a contract of insurance in effect pursuant to the conditional receipt. A life (5)…
Dec 2, 2008 — Insurance contracts are similar to most other legal contracts; however, Conditional – Before the insurance contract is activated, (6)…
2. conditional contract – FMPedia Wiki – FM Glossary
Contract in which the insured or the insurer are required to do certain things only if and when certain conditions occur.(7)…
Subtopics: valid and void contract; voidable contract; Offer and Acceptance; binder; parole evidence rule; conditional and insurability premium receipt; (8)…
Chapter 3 Legal Concepts of the Insurance Contract – Quizlet
Which of the following BEST describes a conditional insurance contract? A contract that requires certain conditions or acts by the insured individual Rating: 5 · 1 review(9)…
It forms a conditional contract between the applicant and the insurance company and gives the insurance company time to process the application and (10)…
3 insurance contract is a conditional contract a – Course Hero
3 Insurance contract is a conditional contract A condition is a provision of a from FINANCE 240 at King Saud University.(11)…
The conditions cannot be contingent on the insured’s health. Instead, most conditions specified in an insurance contract are related to the insured’s age or (12)…
LESSON 5: LIFE INSURANCE UNDERWRITING AND POLICY ISSUE be called a “conditional contract” – one contingent upon conditions that existed at the time of (13)…
3. Features, Term & Conditions of Insurance Contract (How it …
Sep 24, 2020 — An insurance contract is conditional. This means that the insurer’s promise to pay benefits depends on the occurrence of an event covered by (14)…
Insurance contracts are conditional , because certain conditions must be met by all parties when a loss occurs, otherwise the contract would not be legally (15)…
Insurance Contract Design When the Insurer Has Private …
by Q Lian · 2012 · Cited by 10 — This article examines the optimal indemnity contract in an insurance market, particular range and part of the indemnity payment is conditional on (16)…
A contract, such as an insurance contract, requiring that certain acts be performed if recovery is to be made. Conditional Receipt · Conditionally renewable.(17)…
In a contract, a condition precedent is an event that must occur before the parties are obligated to perform. For example, an insurance contract may require (18)…
Four Characteristics Unique to Insurance Contracts – Study.com
Mar 16, 2021 — The lesson will introduce, define, and describe four unique characteristics to insurance contracts, which are conditional, unilateral, (19)…
A conditional receipt is a document given to someone who applies for an insurance contract and has provided the initial premium payment.(20)…
4. What Is Conditional Coverage for Life Insurance? – PocketSense
Temporary coverage guarantees that your beneficiaries will be paid during the time specified by the insurance contract, regardless of the ultimate outcome (21)…
by RH Jerry II · Cited by 76 — Anderson, Life Insurance. Conditional Receipts and Judicial Intervention, 63 MARQ. L. REv. 593 (1980); Gary L. Birnbaum, et al., Standardized Agreements and the (22)…
Conditional Contract Insurance Definition, Jobs EcityWorks
Conditional Contract Characteristic of an insurance contract in that the payment of benefits is dependent on or a condition of the occurrence of the risk (23)…
5. Insurance Contracts | UpCounsel 2021
Insurance contracts are legally binding agreements in which the insurer agrees The company then issues a conditional premium receipt to the applicant.(24)…
Conditional renewal statutes and administrative rules are called the policy or contract, the insurer shall notify the named insured by a letter of (25)…
Insurer or Policyholder Control of the Defense and the Duty to …
by JM Fischer · Cited by 28 — The fiduciary relationship arising out of the insurance contract is based upon the trust 8 A conditionally defending insurer provides a defense under a (26)…
Most insurance contracts require the insured to make certain warranties. For example, to obtain a HEALTH INSURANCE policy, an insured party may have to warrant (27)…
Understanding Conditional Payment Clauses in Construction …
Understanding Conditional Payment Clauses in Construction Contracts · What Is a Conditional Payment Clause? · PIP Clause: a Risk-transferring Provision · PWP (28)…
Definition: Exclusions are the cases for which the insurance company does not provide coverage. · Description: Life insurance contracts have certain specified (29)…
by M Fras · 2019 · Cited by 1 — The social and economic functions of an insurance contract may obviously be and accounts for the conditional character of such benefit.(30)…
Code Section Group – California Legislative Information
(a) Unless the insurance contract otherwise provides, a person insured is (a) In the event any conditional receipt, binder, or other evidence of (31)…
by D Schwartz · Cited by 31 — insurance contracts and the Insurer’s disclosure duty. Disclosure duties Conditional Receipts and Judicial Intervention, 63 MARQ. L. REV. 593 (I98O);.(32)…
Insurance Act – Article Content – Laws & Regulations …
In regard to a whole life insurance contract against death which does not include benefits conditional upon survival, or a contract in which it is (33)…
In fact, in life Insurance contract the effective date of the policy is very important; when the premium is paid with the application but no conditional.(34)…
April 28, 1949 SUBJECT: INSURANCE TO ALL AUTHORIZED INSURERS WRITING GROUP in Extended Death Benefit Provisions of Group Life Insurance Contracts Gentlemen:(35)…
Colinvaux & Merkin’s Insurance Contract Law | Books
necessary for formation of insurance contract death or injury caused by, travel insurance exclusions B-0867/1 conditional payments C-0337.(36)…
Jul 17, 2020 — KPMG’s global IFRS insurance contracts leadership team cost of capital, confidence level and conditional tail expectation.(37)…
Excerpt Links
(1). Conditional Contract – The National Alliance
(2). Conditional Binding Receipt Definition – Investopedia
(3). Insurance is a conditional contract (four) – The Business …
(4). Unilateral Contract | Insurance Glossary Definition | IRMI.com
(5). Life Insurance Conditional Receipts and Judicial Intervention
(6). Unique Features of Insurance Contracts – MyNewMarkets.com
(7). conditional contract – FMPedia Wiki – FM Glossary
(8). Insurance Contracts – thisMatter.com
(9). Chapter 3 Legal Concepts of the Insurance Contract – Quizlet
(10). What Is a Conditional Binding Receipt? – The Balance
(11). 3 insurance contract is a conditional contract a – Course Hero
(12). Conditionally renewable Definition | Bankrate.com
(13). 5.5.4 The Conditional Receipt – American Safety Council
(14). Features, Term & Conditions of Insurance Contract (How it …
(15). Legal concepts Flashcards | Chegg.com
(16). Insurance Contract Design When the Insurer Has Private …
(17). Conditional contract – Moneycontrol
(18). Condition Precedent | Wex | US Law
(19). Four Characteristics Unique to Insurance Contracts – Study.com
(20). What is a Conditional Receipt? – Insuranceopedia
(21). What Is Conditional Coverage for Life Insurance? – PocketSense
(22). Insurance, Contract, and the Doctrine of Reasonable …
(23). Conditional Contract Insurance Definition, Jobs EcityWorks
(24). Insurance Contracts | UpCounsel 2021
(25). Conditional Renewal Notification Requirements by State
(26). Insurer or Policyholder Control of the Defense and the Duty to …
(27). Warranty – Insurance – Insured, Policy, Party, and Contract
(28). Understanding Conditional Payment Clauses in Construction …
(29). Definition of ‘Exclusions’ – The Economic Times
(30). Contemporary European Normative Tendencies Regarding …
(31). Code Section Group – California Legislative Information
(32). Interpretation and Disclosure in Insurance Contracts – LAW …
(33). Insurance Act – Article Content – Laws & Regulations …
(34). ESSENTIALS OF INSURANCE CONTRACT – NIOS
(35). April 28, 1949: Waiver of Premiums in Extended Death Benefit …
(36). Colinvaux & Merkin’s Insurance Contract Law | Books
(37). First Impressions: IFRS 17 Insurance Contracts (2020 edition)
