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Insurance

Other insurance clauses

In the world of finance, it is essential to understand the clauses found in indemnity contracts and valued contracts. These clauses often limit the liability of the insurer if there are other insurance contracts covering the same loss. As knowledgeable individuals, it is important to carefully consider the terms and conditions of such contracts to fully comprehend the extent of coverage provided. It is through this understanding that we can make informed decisions regarding our financial investments.
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