Legal Aspects

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October 3, 2023 3 min read Definitions

Evidence Clause in General Insurance: A Detailed Overview

Insurance Studies Risk Management Legal Aspects Insurance Evidence Clause General Insurance Health Insurance Claims Process Policy Terms

Learn about the evidence clause in general insurance. Understand its significance, the obligations it places on the insured, and how it aids claim legitimacy and investigations.

October 3, 2023 4 min read Definitions

Nonassignable Insurance Policy — Definition & Overview

Insurance Legal Aspects Policy Management General Insurance Nonassignable Policy Insurance Terms Policy Ownership

Learn what a nonassignable insurance policy is, its restrictions, and why the majority of policies are nonassignable. Understand the implications for the policy owners.