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In insurance, the insurer’s promise to pay a covered loss and defend the insured in a lawsuit and the insured’s payment of the first premium, are all examples of:
Answer: Consideration
The above question In insurance, the insurer’s promise to pay a covered loss and defend the insured in a lawsuit and the insured’s payment of the first premium, are all examples of:, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.