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31 January, 22:14

To be valid and enforceable, insurance contracts must meet which general legal requirements?

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  1. 31 January, 22:30
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    Answer and explanation:

    There are four (4) legal requirements insurance contracts must meet to be considered valid and enforceable: the contract must have a legal purpose; both parties must have legal capacity to sign the contract; both parties must show proof that they agreed in the terms (benefits and obligations) of the contract; and, there must be a payment agreement for the services to be rendered.
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