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Final answer:
Insurance contracts must include specific elements to be valid under state laws, ensuring legal protection for both parties involved.
Explanation:
Elements of Insurance Contracts
When considering elements required in insurance contracts under state laws, it is essential to note that all must contain Offer and acceptance, Conditions, Propósito legal, and Partes competentes. These elements ensure the validity and legality of the insurance agreement. Notably, the required elements vary slightly in different jurisdictions but commonly include these specific components.
Learn more about Insurance Contracts here:
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