Weegy: Under the Proof of Loss provision, it is expected that the insured will substantiate in writing his/her loss to the insurer within 15 days of its occurrence. (More)

Weegy: When only one party is bound to contractual obligations after the premium is paid, the contract is unilateral. (More)

Weegy: A. Conditional.A contract in which one party provides something of value to another party in exchange for a conditional promise, which is a promise that the other party will perform a stated act upon the occurrence of an uncertain event. [ Insurance contracts are aleatory because the policyowner pays premiums to the insurer, and in return the insurer promises to pay benefits if the event insured against occurs. Contrast with commutative contract. ] (More)