Consideration

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October 4, 2023 4 min read Definitions
Consideration in General Insurance: Understanding the Value Exchange
Legal Studies Insurance Contract Law Insurance Contracts Consideration Legal Terms Premiums Claims
Learn about the concept of consideration in general insurance, where the premium paid by the insured and the future payout of claims by the insurance company form the basis of the contract.
Read more about Consideration in General Insurance: Understanding the Value Exchange.

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