Aleatory Insurance

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Aleatory contract - Wikipedia, the free encyclopedia
The most common type of aleatory contract are insurance policies.[1][2] Such insurance contracts may be a boon to one party but create a major ...
Aleatory Contract: West's Encyclopedia of American Law (Full ...
Aleatory Contract Contract that may or may not provide more in benefits than premiums ... On the other hand, an insurance company can collect more in premiums than it ever pays ...
aleatory - definition of aleatory by the Free Online ...
Information about aleatory in the free online English dictionary and encyclopedia. ... Another concept regarding insurance is that it is an aleatory contract. ...
aleatory legal definition of aleatory. aleatory synonyms by ...
What is aleatory? Meaning of aleatory as a legal term. What does aleatory mean in law? ... uncertain; usually applied to insurance contracts in which payment is dependent on the ...
Aleatory Contract Law & Legal Definition
An aleatory contract is a contract whose execution or performance is ... The insurance company must perform its obligation only after the fortuitous event, the fire, occurs. ...
aleatory: Definition from Answers.com
aleatory adj. Dependent on chance, luck, or an uncertain outcome: an aleatory contract between an oil prospector and a landowner
Aleatory Contract
Find out the answer to the question: What is the definition of Aleatory Contract? ... For example, an insurance company promises to pay death benefits upon the death of the ...
aleatory contract definition
aleatory contract - definition of aleatory contract from BusinessDictionary.com: Type of ... Most insurance policies are aleatory contracts because the insured may collect a ...
aleatory contract
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Characteristics of Insurance Contracts - Financial Web
Though all contracts share fundamental concepts and basic elements, insurance contracts typically possess a number of characteristics not widely found in other types ...

aleatory insurance