Penalty a breach of an obligation to fulfill insurance premium.. Claim implementation or termination of the contract

Contract of insurance contracts binding for both sides, so it would be subject to the general rules in the reciprocal obligations in the case of a party's breach of his obligations . Accordingly, these rules entitle the insured in case of his failure to meet with justice or delayed when, after his excuses, claim implementation or termination of the contract . Since the insurance contract with the time of the contracts, governance By annulment immediate effect not retroactive in the sense that the believer does not decompose its commitment to bear the consequences if the risk insured him only of governance By annulment time.
In light of the above it is clear that the application of the general rules on breach of the insured obligation to fulfill with justice, and the consequent unfairness Insureds
Because it is committed to ensuring the insured risk him at the time that insured him in breach of its obligation to this meeting. It is customary insurance to mitigate this by special provisions commensurate with self-insurance.
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