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Insurance Law Overview for Bar Review by Michael James Madrid Malingin is a document available to read on EtoBox.

The document discusses several key points about insurance law: 1) A contract of suretyship shall be deemed an insurance contract if made by a surety doing insurance business. 2) Insureds may accept policies without reading them, but there are exceptions, such as for businessmen or managers expected to understand contractual obligations. 3) Any contingent event that may cause financial loss can be insured against, except lotteries. Insurable interest must exist when the policy takes effect and loss occ

Author
Michael James Madrid Malingin
Language
EN