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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 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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