If the custom in insurance may chase to authorize each party to the insurance contract individual voluntarily, except that this provision is not a release, but must meet the following conditions:
The first condition - That the duration of the insurance more than five years:
Required, to terminate the contract of insurance the individual will to one end, that the duration of the insurance provided for in the document exceeding five years.
The second condition - Not be insurance life insurance money or to configure:
Necessary, over the fact that term agreement exceeds five years, should not be held insurance such as life insurance or to create money, because the insurance period nature in both cases long and tend to more than five years as well as to the insured in life insurance can derogate from its obligations in any time [Article (759) civilian]. What else party may terminate the insurance contract willingly individual.
The third condition - Notice to the other party registered letter return receipt requested access:
Must, above overstayed five years and not have life insurance or money to create, that the party, which wants to terminate the contract of individual insurance willfully, notify the other party of its intention to registered letter with acknowledgment of receipt.
The fourth condition - Not located annulment before the expiration of six months from the date of notification:
Finally, we must not located annulment before the expiration of six months from the date of notification of the book recommended it, coupled with the knowledge and access.
التسميات
insurance expiration