The PRINCIPLE of the ASURANSI FOUNDATION

The PRINCIPLE of the ASURANSI
FOUNDATION
In the world of the insurance had 6 principle sorts of the foundation that must be filled, that is insurable interest, utmost good Faith, proximate cause, indemnity, subrogation and contribution.
Insurable interest

The right to insure, that emerged from a financial relations, between was borne and that was insured and acknowled

Utmost good faith

An action to say accurately and completely, all the material facts (material fact) concerning something that will be insured both was asked for and not.
Meaning that is: the guarantor must honestly explained clearly everything about the width of the condition/the c

Proximate cause

It was an active cause, efficient that caused the chain of the incident that caused some resulting from without the existence of the intervention some that began and actively from the new and independent source.
Indemnity

A mechanism where the guarantor provided financial compensation towards him placed was borne in the position of finance that he had right before the occurrence of the loss (KUHD the article 252, 253 and was clarified in the article 278).
Subrogation

The transfer of the right to demand from being borne to the guarantor after the claim was paid.
Contribution

Whereas being the guarantor's right to ask the other guarantor that together bore, but must not be the same his ob