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due to the fact contracts of insurance policies have numerous capabilities in prevalent with wagers, insurance plan contracts will often be distinguished in regulation as agreements in which either social gathering has an desire in the "bet-upon" result further than the specific economical terms. e.g.: a "bet" by having an insurance company on whether 1's household will burn up down isn't gambling, but somewhat insurance policy – as being the homeowner has an evident desire from the continued existence of his/her residence unbiased with the purely financial components of the "wager" (i.
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