Answered

Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Explore our Q&A platform to find in-depth answers from a wide range of experts in different fields. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

An insurer pays a large claim for medical expenses after the insured has only made one premium
payment. This is an example of a(n):
aleatory contract
adhesion contract
unilateral contract
mismatched contract


Sagot :

Final answer:

In a unilateral contract, an insurer pays a large claim for medical expenses after the insured has only made one premium payment.


Explanation:

Unilateral contract is the correct term for the situation where an insurer pays a large claim for medical expenses after the insured has only made one premium payment. In a unilateral contract, one party makes a promise without the other party being required to do anything until the promise is fulfilled. The insurer is obligated to pay the claim once the specified event, such as a medical expense, occurs, regardless of the number of premium payments made.


Learn more about Insurance contracts here:

https://brainly.com/question/32115749