Law of Insurance Contracts
| This chapter was reviewed in July 2025. No corrections were found to be needed. The next review of this chapter is due in November 2025. |
Chapter 11
CONTRACT FORMATION
11-1 OFFER
The rules of law governing the formation of contracts of insurance are those which govern the formation of most other contracts.1 Their application to contracts at Lloyd’s gives special difficulties, which are discussed separately (below, 11-3).