Law of Insurance Contracts
| This chapter was reviewed in November 2025. The text has been updated. The next review of this chapter is due in March 2026. |
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).