The legislator did not guarantee civil provisions for insurance contract provision regulates the commitment of the insured to notify the insurer that the insured risk will come of it.
And therefore did not need to text penalty for breach. Since the notification if the risk insured him an obligation by the insurance contract the responsibility of the insured, the breach arranges responsibility Streptococcus -According to the general rules - [Article (157/1) civilian ([1]).
However, the draft government has cited two types of penalty ([2]):
I- Reduce the amount of compensation due - For if the risk - By what happened to insured damage as a result of the delay in notification.
II- Loss of the right to compensation due - Check damage - When established insured evidence of bad faith the insured not to notice.
However, it is up to the will of the parties and common agreement on a specific penalty for breach of the insured obligation to notify the insurer that the danger will come of it, whether this penalty in the form of loss of the right amount of insurance, or was it in the form of a reduction of that amount.
([1]) The first paragraph of Article (157) Civil law that "1 - in binding contracts for both sides, if Not comply been a contracted obligation Jazz contractor other after Excuses debtor to demand performance of the contract or By dissolution, with compensation in cases that had Necessity."
([2]) See the second paragraph of Article (21) of the draft Government - Above -.
التسميات
Reinsurance