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since contracts of insurance policy have lots of attributes in common with wagers, insurance contracts will often be distinguished in regulation as agreements where either celebration has an desire inside the "guess-upon" outcome beyond the specific economic phrases. e.g.: a "guess" by having an insurer on no matter whether one particular's home will burn up down is not gambling, but instead insurance policies – as being the homeowner has an noticeable fascination within the ongoing existence of his/her property unbiased with the purely financial aspects of the "bet" (i.
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