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Insurance terminology explained in simple terms

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Side Letter/Special Conditions

The term side letter is used in the insurance sector as another name for special conditions. These Special Conditions are ancillary agreements to the general T&Cs of insurance and document additional services or framework agreements for certain target groups, for example.

These Special Conditions take precedence over the general T&Cs of insurance. That is, any deviating regulations in the Special Conditions may void or expand the original agreements of the general T&Cs.

Term: Side Letter/Special Conditions

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