What Does Adhesion Mean?

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What does Adhesion mean? Read on to discover the definition & meaning of the term Adhesion - to help you better understand the language used in insurance policies.

Adhesion

Adhesion

A life insurance policy is a "contract of adhesion" because buyers must "adhere" to the terms of the contract already in existence. They have no opportunity to negotiate terms, rates, values, and so on.

We hope the you have a better understanding of the meaning of Adhesion.

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