What Does Mutual Assent Mean?

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

Mutual Assent

Mutual Assent

Mutual assent is when two parties agree to the basic terms of a contract before signing it. Mutual assent is one of the first steps on the path to finalizing an insurance contract.

We hope the you have a better understanding of the meaning of Mutual Assent.

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