No stranger to lead, growing risks that the people of this age in himself and his property, to do destinations Exercise activity in insurance work and to the presence of persons interested in the insurance protection from such risk . Which entails It legal relationship between them.
Legal relationship established between the two parties, one a believer and the other insured under a contract legislator called the name of the insurance contract and put him special provisions . This contract arranges obligations on the terminal, the believer has committed to fulfill a specific regular premium to the insured, who in turn committed to cover insured risk it and meet the insured, or beneficiary, the amount of insurance or the amount of compensation when achieved.
And the insured, usually someone significant private or public, take a forms known as an association or a company or body or institution, and practiced his work in the insurance market with quite a few of the insured .
The insured is natural or legal person threatened by private or public particular risk, and is willing to get on the cover of one of the parties for such insurance risk.
التسميات
Insurance