North Dakota Code 26.1-33-38 – Measure of indemnity in life policy
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Unless the interest of a person insured is susceptible of exact pecuniary measurement, the measure of indemnity under a life insurance policy is the sum fixed in the policy.
Terms Used In North Dakota Code 26.1-33-38
- Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49