Who makes it legally en forcable promises in a unilateral insurancew policy]

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06-04-2022
Business

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Who makes it legally en forcable promises in a unilateral insurancew policy]

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ellielikesjazz ellielikesjazz · Answer 1 · 2022-04-06T17:19:49-04:00

ellielikesjazz ellielikesjazz

06-04-2022

Answer:

Unilateral Contract — a contract in which only one party makes an enforceable promise. Most insurance policies are unilateral contracts in that only the insurer makes a legally enforceable promise to pay covered claims. By contrast, the insured makes few, if any, enforceable promises to the insurer.

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