Insurance contract expires the end of the duration stipulated in the document . However, custom drawer insurance on the independence of the will of a passport parties cancel the contract, with the exception of life insurance, before the expiry of this period the lapse of five years when they agreed duration exceeding five years ([1]).
([1]) Article (24) of the government project, which is similar to Article (1060) of the preliminary draft of the Civil Code, that "If the period of insurance over five years, may each of the insurer and the insured may request termination of the contract, at the end of every five years of the term of insurance, If the other party notifies the registered letter with acknowledgment of receipt and arrive before the expiration of this period at least six months.
And must indicate in the insurance policy.
Shall not apply the provisions of the first paragraph on life insurance contracts or composition of the funds".
التسميات
insurance expiration