Support for comprehensive social security

The operation and maintenance company is thus usually required to provide performance or surety bonds, and to purchase and maintain adequate insurance, including casualty insurance, workmen s compensation insurance, environmental damage and third party liability insurance.

Article 96 In order to protect the interests of the insured, and to ensure its own steady and healthy operation, an insurer shall contribute to an insurance guarantee fund in accordance with the regulations of the financial supervision and regulation department.

Property insurance business which includes insurance against loss or damage to property, liability insurance and credit insurance or

Insurance of persons business which includes life insurance, health insurance and accident and injury insurance.

If the sum insured is less than the insured value, the insurer shall obtain partial rights pertaining to the subject matter of the insurance which is lost or damaged on the pro rata basis of the sum insured to the insured value.

A double insurance refers to insurance under which an applicant enters into insurance contracts with two or more insurers on the same subject matter of the insurance, the same insurable interests and the same insured event.

In the event that the applicant has misstated the age of the insured, thus underpaying the premiums, then the insurer shall have the right to correct the misstatement and request the applicant to pay the balance, or to reduce the payment of the insurance benefits in proportion to the amount of premiums actually paid to the amount that should have been paid.

An insurance contract is null and void if the applicant has no insurable interest in the subject matter of the insurance.

In the event that the applicant has misstated the age of the insured, thus overpaying the premiums, then the insurer shall return the overpaid portion to the applicant.

An applicant refers to the party who enters into an insurance contract with an insurer and is obligated to pay the premiums under the insurance contract.

Sickness and maternity insurance occupational risks insurance invalidity and life insurance retirement, cessation of employment at an advanced age and old age insurance, and day care and social benefits insurance.

An insurer refers to the insurance company which enters into an insurance contract with an applicant and is obligated to make indemnity or payments of the insurance benefits.

An applicant may be the insured.

(c) Liability and war risk insurance.

21. Liability and war risk insurance

Article 27 The insurer may terminate the insurance contract and refuse to return the premiums paid if the insured or the beneficiary falsely claims that an insured event has occurred, and submits a claim for indemnity or payment of the insurance benefits, although such insured event has not occurred.

The insurer shall issue to the applicant, on a timely basis, an insurance policy or any other insurance certificate which indicates the terms and conditions as agreed by both parties.

Article 28 When an insurer transfers part of its accepted business to another insurer by way of cession, it is referred to as reinsurance.

Unless otherwise specified in the contract, in the event that the sum insured is less than the insured value, the insurer shall undertake the obligation for indemnity pro rata of the sum insured to the insured value.

Liability insurance refers to an insurance the subject matter of the insurance of which is the insured's liability to indemnify a third party pursuant to laws.

Other possible types of insurance include insurance for business interruption, interruption in cash flows, and cost overrun insurance.

Insurance and health

Federation of Afro Asian Insurers and Reinsurers

BIPAR International Association of Insurance and Reinsurance

In the event that the applicant has paid the premiums for less than two years , the insurer shall return the premiums to the applicant with the expenses deducted therefrom.

Thank goodness for that. It's kept us going.

The Ministry of Finance monitors persons trading in precious metals and precious stones, insurance and reinsurance companies, mutual assurance associations and insurance brokers

Several staff members driving UNRWA vehicles in the West Bank and carrying valid insurance from the Agency's Palestinian insurer were arrested and charged with driving without valid insurance.

(a) Export credit insurance UNCTAD should support the spread of export credit insurance facilities in the developing world.

If the insured, without the insurer's consent, waives the right of indemnity against the third party after indemnity is made by the insurer, the waiver of the insured shall be regarded as invalid.

Article 9 An insurance contract is an agreement whereby the insurance rights and obligations are specified and agreed by the applicant and the insurer.

Article 29 The reinsurer shall not demand payment of premiums from the applicant of the direct insurance.

Each insurance company, insurance assets management company and insurance regulatory bureau

Article 31 The insurer or the reinsurer shall be obligated to maintain confidentiality of information obtained in the course of conducting insurance business regarding the business and financial position of the applicant, the insured or the ceding insurance company.

Records related to the exercising of all the rights of health care insurance are kept by the Fund for health care insurance.

Article 45 If the insured waives the right of indemnity against the third party after the occurrence of the insured event and before the insurer making the indemnity, the insurer shall bear no obligation for indemnity.

Article 63 In the event of the death of the insured, the payment of the insurance benefits shall be treated as part of the estate of the insured, and the insurer shall pay the insurance benefits to the legal heirs of the insured, if

An insured event refers to an event falling within the scope of cover under the insurance contract.

falsely alleging the occurrence of an insured event which in fact has not occurred, whereupon an insurance claim is fraudulently made

The clearest divide within the Icelandic social security system is between insurance and non insurance based benefits.

Article 13 Once an insurance contract is formed, the applicant shall pay the premium in accordance with the terms and conditions of the contract and the insurer will be at risk effective from the date as specified in the insurance contract.

Activities of insurance companies, brokers and auxiliary services.

C.3 XXVI FAIR Federation of Afro Asian Insurers and Reinsurers .

Vehicle rate (local vehicle insurance)