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.
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FROM DICTIONARY
Value
Value specifies the client's ability to repay his obligations. Value is an important tool for all financial institutions. It specifies the amount of…
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