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What is an example of a unilateral contract in insurance?

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What is an example of a unilateral contract in insurance?

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What is an example of unilateral contracts?

What is unilateral insurance?

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The correct answer is: For instance, when someone posts a reward for their lost pet, wallet, cellphone, etc. By offering the reward, the offeror sets up a unilateral contract that stipulates that the reward will be issued once the lost pet or item is found. Insurance contracts are another example of unilateral contracts.

The title of my answer can be Unilateral Contract

My answer's reference is Overview, How It Works, Examples

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