Answer:
Bilateral
Explanation:
According to my research on the different terms used when referencing an insurance contract, I can say that all of the answers provided except for Bilateral are considered typical characteristics describing the nature of an insurance contract. A bilateral contract is defined as an agreements between two parties in which each side agrees to fulfill his or her side of the bargain.
Since an insurance contract is a fund that the insurance company pays in the case of an accident in which the person is injured, there is only one party that agrees to fulfill their side of the bargain and that is the insurance company.
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