What are the key components of insurance law?

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What are the key components of insurance law?
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What is the process of making a claim on an insurance policy?
What type of data is collected and used for risk evaluation in the insurance industry?
Is there a minimum level of coverage that is required by law?
What are the key elements of an insurance contract?
What is the purpose of an insurance code of conduct?
How do insurance companies determine their rates?
How do insurers determine an individual's risk level?

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