Review insurance contract law

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International Journal of Development Research

Review insurance contract law

Abstract: 

People pay money under a contract of insurance is that the premiums, the insurance issue has concluded that the risk falls as the ways of the insurance company handle claims. Insurance is included: life insurance, body insurance, fire insurance, burglary insurance, etc. "Insurance In its simplest definition, is a way to transfer risk. The definition of a rule in Iran Insurance: Insurance is a contract whereby one party (the insurer) in exchange for a promise to pay money or funds on behalf of another (the insurer) in the event of an accident or damages to compensate him have to pay a specific amount. Insurer's obligation, the obligation of the insurer to the insured and the insurer pays money into the insurance premium and what is called the insurance issue.

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