Insurance, by definition, is a contract binding a party to______ another against loss or harm arising in specified contingencies in return for a payment called______ .
举一反三
- The terms of the contract define the binding promises of each party to the contract.
- Under ,the seller need to contract for insurance cover against the buyer’s risk of loss of or damage to the goods during the carriage（） A: CFR B: FOB C: FAS D: CIF
- A client is i______ against loss of damage when he has an insurance policy.
- If one party violates or fails to carry out the contract, the other party is entitled to claim indemnity for any loss or damage. The underline part of the sentence means_____.
- _____ is the party who insures the other against possible losses or damage, and undertakes to make payment in cases of loss.