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  2. Adjustment clause - Wikipedia

    en.wikipedia.org/wiki/Adjustment_clause

    In insurance, an adjustment clause in a contract specifies how the amount of a claim (particularly a claim against an insurance company) will be determined for the purposes of a settlement, giving consideration to objections made by the debtor or insurance company, as well as the allegations of the claimant in support of his claim.

  3. Life insurance - Wikipedia

    en.wikipedia.org/wiki/Life_insurance

    Group life insurance (also known as wholesale life insurance or institutional life insurance) is term insurance covering a group of people, usually employees of a company, members of a union or association, or members of a pension or superannuation fund. Individual proof of insurability is not normally a consideration in its underwriting.

  4. Consideration under American law - Wikipedia

    en.wikipedia.org/wiki/Consideration_under...

    Consideration is the price one pays for another's promise. It can take a number of forms: money, property, a promise, the doing of an act, or even refraining from doing an act. In broad terms, if one agrees to do something he was not otherwise legally obligated to do, it may be said that he has given consideration.

  5. What does life insurance cover? - AOL

    www.aol.com/finance/does-life-insurance-cover...

    Suicide clause: Life insurance policies generally cover death by suicide, but not while the suicide clause is in effect, which is typically the first two years of the policy. After this period ...

  6. McGee v. International Life Insurance Co. - Wikipedia

    en.wikipedia.org/wiki/McGee_v._International...

    McGee v. International Life Insurance Co., 355 U.S. 220 (1957), was a case following in the line of decisions interpreting International Shoe v.Washington. [1] The Court declared that California did not violate the due process clause by entering a judgment upon a Texas insurance company who was engaged in a dispute over a policy it maintained with a California resident.

  7. What are life insurance exclusions? - AOL

    www.aol.com/finance/life-insurance-exclusions...

    A suicide clause is standard in the majority of issued life insurance policies. The suicide clause is in place to prevent individuals from purchasing a life insurance policy when they are ...

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