Some Legal Issues in the Contract of Property Insurance
Liping Li
Abstract
Liping Li
Abstract
The contract of property insurance is the contract that takes the property and relavant benefits as the project it insures.Compared to other kind of contracts,the components,the reasons it goes into effect,as well as its duration all has an obvious character.The time it begins to work is from the date when both parties agree to the items in the contract.The premium is the matter of implementing the contract therefore the time of payment should not be the time the contract begins to go into effect.The end of the contract of property insurance could be generally postponed for sometime.
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The contract of property insurance is the contract that takes the property and relavant benefits as the project it insures.Compared to other kind of contracts,the components,the reasons it goes into effect,as well as its duration all has an obvious character.The time it begins to work is from the date when both parties agree to the items in the contract.The premium is the matter of implementing the contract therefore the time of payment should not be the time the contract begins to go into effect.The end of the contract of property insurance could be generally postponed for sometime.
Key concepts: Property (philosophy), Payment, Business, Insurance policy, Work (physics), Actuarial science, Breach of contract, Exclusion clause