<Li> Insurance contracts are unilateral , meaning that only the insurer makes legally enforceable promises in the contract . The insured is not required to pay the premiums , but the insurer is required to pay the benefits under the contract if the insured has paid the premiums and met certain other basic provisions . </Li>
<Li> Insurance contracts are unilateral , meaning that only the insurer makes legally enforceable promises in the contract . The insured is not required to pay the premiums , but the insurer is required to pay the benefits under the contract if the insured has paid the premiums and met certain other basic provisions . </Li>
who makes the legally enforceable promises in a unilateral insurance policy
who makes the legally enforceable promises in a unilateral insurance policy
the insurer
the insurer