The desired end of insurance is to reassure at the same insured pay to direct all its activities without fear of potential exposure to risks insured . Insurance be allocated provides the insured - Before check risk -Tranquility. Works - It is realized - To heal the rift caused by the terms of the financial implications.
As the human - During his - Subjected to double their strength, And a person in a twofold need to relieve him and Weight, the need for life insurance are different.
Self-insurance be allocated (in general) is a contract whereby the insurer would pay to the beneficiary or the
insured - When the incident of the insured (death or survival or whichever) - The amount of insurance (at once or income salary) ([1]) In exchange for the insured's obligation to pay insurance premiums .
([1]) The first paragraph of Article (1125) of the preliminary draft of the Civil Code provides that "2 - may be what abide by the insured in case of death of insured capital or salary paid to the heirs or to the back of the insured or to other people. And may be in the case of permanent disability for working capital or salary paid to the insured. may also be in the case of temporary disability payments to him every day. "(A preparatory work for the Civil Law, vol 5, p 409).
Article (754) Madani that "the amounts committed believer in life insurance paid to the insured or to the beneficiary of it when the accident insured him or solutions term stipulated in the insurance policy, == become due from the time of the accident or the time solutions term without the need to prove damage hit the insured or beneficiary hit. "
Article (1046) of the Code of Civil Transactions Emirati that "committed believer in life insurance that pays to the insured or beneficiary amounts agreed when the accident insured him or solutions term stipulated in the contract, without the need to prove what right the insured or beneficiary from harm. "
Article (941) of the Jordanian Civil Code on a similar text text (1046) of the UAE Civil Transactions Law -Cit.
التسميات
Life Insurance