Why are insurance contracts said to be contracts of adhesion?

Insurance

Are you looking for the correct answer to the question “Why are insurance contracts said to be contracts of adhesion?”? If that’s the case, you don’t have to worry anymore. AzAnswer team is here with the right answer to your question. Please check below to know the answer.

Why are insurance contracts said to be contracts of adhesion?

Options

A) The values exchanged by the parties to the contract are not equal.
B) One party writes the contract, and the other party must accept the entire contract as written.
C) Only one party makes a legally enforceable promise.
D) Conditions are placed on the insurer’s promise to perform.

Answer: B) One party writes the contract, and the other party must accept the entire contract as written.

The above question Why are insurance contracts said to be contracts of adhesion?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.