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Answered 2016-05-17 20:18:01

An insurance policy actually protects the policyholder's financial interests in the insured item, not the insured item itself.

The insurer holds the balance of power in the creation of an insurance policy.

Ambiguities in contracts of adhesion often favor the insured.

The concept of utmost good faith only applies to the insured.


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It is a copy of an insurance policy, or a part of an insurance policy (i.e. an endorsement, etc.), which includes a certification/statement signed by the underwriter or other representative of the issuing insurance carrier that the copy is true and accurate to the original.

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