Beginning to point out that the term "liability insurance" came as a metaphor does not really . Because the insurer does not believe the insured from the risk of liability for damage to third parties doing or by asking them or do things that under his control, but believes only the risk of its claim for damages.
Insurance be allocated responsibility is a contract whereby the insured committed to fulfill the value of the compensation claimed by third parties (injured) Insured (in charge) in exchange for the latter's obligation to pay periodic premiums for the first.
Believer, in this type of insurance, is committed to fulfill the value of compensation - When the insured risk of him (claim) - The insured or the beneficiary (injured) in the case of the requirement for the benefit of others in the insurance contract, or if the law requires such such as compulsory insurance of motor vehicle accidents; In the latter case, becomes the beneficiary of the insurance liability claim directly against the insurer.
And borne by the insured in addition to the amount of compensation is one of the peripherals of the expenses of a And borne by the insured in addition to the amount of compensation is one of the peripherals of the expenses of a lawsuit liability and other legal expenses and interest arrears, which governs the insured (the official) due to the delay in fulfilling the value insured compensation ([1]).
( [1] ) Article (1119) of the preliminary draft of the Civil Code provides that "1 - bears insured expenses liability suit against the insured. 2 - as well as bear the expenses required for each work judicial doing insured at the request of the insured if the amount of insurance estimated haphazardly, Even if those increased expenses added to compensate for the amount of insurance. 3 - This provision also applies to the benefits that the insured committed pay the insured due to the delay in fulfilling (Group preparations for the Civil Law, vol 5, p 405).
التسميات
Liability Insurance