CASE LAW NO.23/2018/AL REGARDING VALIDITY OF THE LIFE INSURANCE AGREEMENT WHEN THE INSURANCE BUYER F

Case law situation:

Application dossier for life insurance indicated that the insurance buyer wished to pay the premium at the insurance buyer’s home address. Up to the deadline for paying premium and during the extension of the deadline for paying the premium, the employees of the insurance enterprise failed to go collect the premium from the insurance buyer.

Legal solution:

In this case, it must be determined that the insurance buyer was not at fault for not paying the premium on time. The life insurance agreement does not lose its effectiveness due to the insurance buyer’s failure to pay premium in a timely manner.

Link for download: CASE LAW NO.23/2018/AL REGARDING VALIDITY OF THE LIFE INSURANCE AGREEMENT WHEN THE INSURANCE BUYER FAILED TO PAY PREMIUM DUE TO THE FAULT OF THE INSURANCE ENTERPRISE 

Link on Youtube: CASE LAW NO.23/2018/AL REGARDING VALIDITY OF THE LIFE INSURANCE AGREEMENT WHEN THE INSURANCE BUYER FAILED TO PAY PREMIUM DUE TO THE FAULT OF THE INSURANCE ENTERPRISE

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