Signed on behalf of the insurance contracts Insurance Tips

Category: Insurance tips Release Date: 2006-08-01

Glossary

Insurers, the insured, the insured and the insurance contracts are the main beneficiaries. The first three parties to the contract for insurance, the beneficiary of the insurance contract between people.

Is insured and the insured person (insurance company) to enter into insurance contracts, and in accordance with the contract undertake to pay the insurance premium obligations. If an insured person is neither insured nor the beneficiary, then the insured for the life insurance contract shall only assume the obligation to pay insurance premiums, but do not enjoy what rights. The insured is not limited to natural persons, legal persons and other organizations may also be insured.

The insured person means a person whose property or personal guarantee by the insurance contract, enjoy insurance claims people, the insured can be insured. When the insured for their own benefit when the insured, the insured, the insured person the same person. Life insurance contract the insured person is in their life or health insurance subject matter, so the insured can only be a natural person.

The beneficiary is the life insurance contract the insured person or insured by a specified request for the enjoyment of the right to insurance money, that is the ultimate insurance for people. The insured, the insured person can be the beneficiary. The insured or the insured will generally appoint their own family members, relatives of the beneficiary, you can also specify the beneficiaries of any other person. In a life insurance contract, you can specify only one beneficiary, you can also specify the number of beneficiaries.

One Tone

Purchase insurance, it often occurs the insured and the insured person is not the same person, rather fill out insurance alone is often the insured. As many policyholders do not know the insured person to be autographed request salesman If we neglect to remind, will result in the emergence of the policy on behalf of the signatures. Some agents also contribute to the policy as soon as possible, thus completing the performance, to mislead the insured as the insured person on behalf of the signatures. Under the "Insurance Law" stipulates that the insured to purchase insurance, the terms of the issues involved should be so informed, so the policy as well as additional provisions must be personally signed the insured.

At the same time, to death for the payment terms of insurance contracts, also must go through the written consent of the insured person and accepted insurance amount, otherwise valid insurance policy, the parties should be restored to perform the contract prior to the state, that insurance companies should be charged by Premium refund insured; occurrence amount of insurance payments, and the amount insurance companies must also be returned. Invalid surrender the policy process, it must be insured to the insurance company to apply. If you hesitate to surrender during the present, the insurance company will be an unconditional full refund of premium; but for some long-term life insurance, if after a period of hesitation, and then made surrender, it might be because the policy has been consumed costs and generate cash value and thus easily lead to insurance companies and policyholders disputes between the surrender, so that policyholders will bear the losses become unavoidable.

To remind everyone: in the process of buying insurance, we must fully carry out their own insurance to fill orders and personally signing the right to ensure a real and effective insurance contracts to avoid disputes on behalf of the signatures in order to avoid unnecessary losses.