Meaning of the word: General conditions of insurance
General conditions of insurance define the contract between the policyholder and the insurer. This is a legal framework that provides all the important terms and conditions which apply to insurance. General terms and conditions are valid for all insurance agreements, their content is embedded in the law on insurance.back to dictionary >
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Principal financial is the amount that the debtor's borrowed from the lender. The reward for providing this amount is interest for the lender, which…go to the dictionary >
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