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2019 Massachusetts General Laws
Part I - Administration of the Government
Title XXII - Corporations
Chapter 175 - Insurance
Section 2 - Insurance Contract; Definition
Universal Citation: MA Gen L ch 175 § 2 (2019)
Section 2. A contract of insurance is an agreement by which one party for a consideration promises to pay money or its equivalent, or to do an act valuable to the insured, upon the destruction, loss or injury of something in which the other party has an interest.
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