legal principles Insurance"the principle of good faith"The principle of insurance interest"the principle of compensation"the principle of participation"The insurance company "Replace the originally affected asset
: within two two main groups :
Group A:
1 - the principle of good faith
2 - The principle of insurance interest . Be for the believer who has an interest material from behind the thing
3 - the principle of proximate cause (direct) means that the insurance company does not pay compensation to the insured unless the insured risk is the direct cause of the loss
These three principles governing all types of insurance contracts without exception
The second group
1 - the principle of compensation . Insured can not get compensation exceeds the material loss suffered by it
2 - the principle of participation . Prevent the insured from obtaining compensation than the actual loss through insurance to more than one insurance company
3 - the principle of subsidiarity . Prevent the insured from obtaining compensation than the physical loss by receiving compensation back from the insurance company and again from causing damage
legal ways to reinsuranceWhat do you know about the Fire InsuranceSocial Insurance & reinsurancetypes of insurance and life insuranceWhat is the insurance and Argana
These three principles are limited to property insurance and liability insurance the city
1 - the principle of good faith :
This requires that the duties of the insured :
1 - disclosure of all the facts and matters relating to the danger that wants insurance against
2 - prevent the accident insured
3 - notify the insured occurring during the term of the contract of the circumstances and conditions may lead to increased unit ban
- The insurance company may compensate the loss achieved through :
1 - pay the cash value of the loss
2 - Repair originally injured
3 - Replace the originally affected asset like him before exposure to risk
Group A:
1 - the principle of good faith
2 - The principle of insurance interest . Be for the believer who has an interest material from behind the thing
3 - the principle of proximate cause (direct) means that the insurance company does not pay compensation to the insured unless the insured risk is the direct cause of the loss
These three principles governing all types of insurance contracts without exception
The second group
1 - the principle of compensation . Insured can not get compensation exceeds the material loss suffered by it
2 - the principle of participation . Prevent the insured from obtaining compensation than the actual loss through insurance to more than one insurance company
3 - the principle of subsidiarity . Prevent the insured from obtaining compensation than the physical loss by receiving compensation back from the insurance company and again from causing damage
legal ways to reinsuranceWhat do you know about the Fire InsuranceSocial Insurance & reinsurancetypes of insurance and life insuranceWhat is the insurance and Argana
These three principles are limited to property insurance and liability insurance the city
1 - the principle of good faith :
This requires that the duties of the insured :
1 - disclosure of all the facts and matters relating to the danger that wants insurance against
2 - prevent the accident insured
3 - notify the insured occurring during the term of the contract of the circumstances and conditions may lead to increased unit ban
- The insurance company may compensate the loss achieved through :
1 - pay the cash value of the loss
2 - Repair originally injured
3 - Replace the originally affected asset like him before exposure to risk
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