Contract Of Adhesion

Definition of "Contract of adhesion"

Meredith Kennedy real estate agent
Meredith Kennedy, Real Estate Agent Century 21 Boling & Associates, Inc.

Same as term Adhesion Insurance Contract: agreement prepared by an insurance company and offered to prospective insureds on a take-it-or-leave-it basis. If the contracts are misinterpreted by insureds, courts have ruled in their favor since the insureds had no input into the contract. All insurance contracts have been deemed by courts to be contracts of adhesion.

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