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Since contracts of insurance plan have many attributes in widespread with wagers, coverage contracts are often distinguished in law as agreements through which both occasion has an desire in the "bet-upon" outcome past the specific economic phrases; by way of example, a "wager" by having an insurance provider on irrespective of whether a person's house will burn down is not gambling, but rather insurance coverage, because the homeowner has an obvious desire in the ongoing existence of the house impartial in the purely monetary aspects of the "guess" (i.