Insurance contract of binding contracts for both sides, and it also made commitments rests Insured (media statements danger and the announcement of aggravation and payment, and notification if the risk), he will meet the responsibility of the insured obligation against is carrying liability insured risk it and pay the amount of insurance or compensation to the insured or the Beneficiary when danger or of the solutions for the contract ([1]).
However, it may cause others doing if the risk insured him the consequent implementation of the insured for its commitment to fulfilling the amount of insurance of the right holder.
([1]) Article (1064) of the preliminary draft of the Civil Law, which incorporated paradise legislative under No. (787), that "upon verification danger or solution for the contract, became compensation or the amount due under the insurance contract and duty performance after thirty days from the time the notify the insured data, which allows him to verify matters of health required by the insured and the extent to which clings rights "(set preparations for the Civil Law, vol 5, p 337).
التسميات
Reinsurance