On The Chinese Principle Of Approval Of The Insurable Interest Of Life Insurance

The Insurance Law or the P.R.C give a regulation on insurable interest of life insurance in life insurance contract, many scholars put forward different doctrines to make the legislation perfect. The author think that there are many misgiving in insurable interest of life insurance regulation as a whole of life insurance contract, so it is necessary to make the legislation perfect in theory and practice. It is feasibility that a different control method in insurable interest of life insurance been adopted in life insurance contract make the cognizance of insurance interest have impersonally standard and avoid gambling and prevent moral danger and satisfy the insurance demand of our dweller at one time protect the legitimate rights and interests of the insured. This article claim that control method Insurable interest of life insurance in life insurance contract use the principle of approval of the insured: A life insurance contract that makes death as the conditions for payment of proceeds shall be invalid without the written approval of the insured for the contract and the insured amount. Namely, signing A life insurance contract that makes death as the conditions for payment of proceeds;if the insured agrees to let the insurant to sign the contract for him, the case shall be regarded as the insurant having insurable interest in the insured.This article consists of three parts.The first part mainly talk about the insurable interest of life insurance in life insurance contract and the control method Insurable interest of life insurance in life insurance contract. Introducing the definition and the characteristics of insurable interest of life insurance in life insurance contract. Holding that life insurance need the principle of insurable interest of life insurance in life insurance contract, and introducing and analyzing the three principles of insurable interest of life insurance in life insurance contract. Firstly on the basic of introducing the definition of insurable interest presenting the definition of the insurable interest of life insurance in life insurance contract. Presently the theories of insurable...