Civil legislator after he finished a general provisions followed that insurance contract provisions especially two types of insurance are: life insurance. The fire insurance. The first took as a model for the insurance people and the second as a model of damage insurance.
In light of this, it is clear that insurance is divided into two main sections: insurance to persons and damage insurance.
The first is the insurance which the insured risk it a matter of the insured person not his money (such as life insurance for the event of death or survival and insurance against injuries and sickness insurance ... Etc.).
The second is that insurance where the insured risk than the money the insured not in person (j, such as insurance against fire and theft and liability.. Etc.).
The first is the insurance which the insured risk it a matter of the insured person not his money (such as life insurance for the event of death or survival and insurance against injuries and sickness insurance ... Etc.).
The second is that insurance where the insured risk than the money the insured not in person (j, such as insurance against fire and theft and liability.. Etc.).
However, the difference between the insurance people and the insurance of the damage is not limited only in his place (the same person or his property).
But differs - Also - In terms of capacity which is characterized by compensatory second from the first insurance which means that if the risk insured him in the damage insurance does not entitle the insured or the beneficiary claim insured only compensation equivalent to as much damage without an increase or decrease, provided they do not exceed the amount of insurance specified in the contract.
This means that the insured is worth less values between the value of the damage and the amount of insurance specified.
The insurance people is not a compensatory character as the insured or a replacement is worth the amount of insurance specified condoning of damage if the risk insured him or whether .
But differs - Also - In terms of capacity which is characterized by compensatory second from the first insurance which means that if the risk insured him in the damage insurance does not entitle the insured or the beneficiary claim insured only compensation equivalent to as much damage without an increase or decrease, provided they do not exceed the amount of insurance specified in the contract.
This means that the insured is worth less values between the value of the damage and the amount of insurance specified.
The insurance people is not a compensatory character as the insured or a replacement is worth the amount of insurance specified condoning of damage if the risk insured him or whether .
In addition to the insured sued more than the amount of insurance in the case of multiple insured, or a combination of the amount of insurance that it gets from the insured and the value of the compensation received by the charge if the risk insured him.
