TIME LAPSE IN BUSINESS INSURANCE

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MOEZI JAFAR

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Journal Paper

Paper Information

Journal: IRANIAN JOURNAL OF INSURANCE RESEARCH (SANAAT-E-BIMEH) Year:2013 | Volume:27 | Issue:4 (108) Page(s): 97-111

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Information Journal Paper

Title

TIME LAPSE IN BUSINESS INSURANCE

Author(s)

MOEZI JAFAR | Issue Writer Certificate

Keywords

INSURANCEQ2

BUSINESS INSURANCESQ2

TIME LAPSEQ1

LEGAL TIME LAPSEQ2

CONVENTIONAL TIME LAPSEQ2

Abstract

The significance of business INSURANCEs to pay for damages incurred unexpectedly is undeniable. In encountering risks, people always look to find a solution to drive away risks or else find a way to pay for the damages. Life and property INSURANCEs are solutions to pay for these damages. During centuries, INSURANCE is considered by civilized societies and people tend toward it.Using INSURANCE as a way to pay for the damages depends on specific conditions and so the TIME LAPSE has been defined in Clause No.36 of INSURANCE Law, so that after a defined period, INSURANCE claims would be lapsed. Since in Iran laws are regulated on religious orders, in 1984 the Council of Guardians announced that the TIME LAPSE is unlawful in civil procedure law, thus the question is whether the TIME LAPSE in INSURANCE law as in business INSURANCE is in force or is obsolete? In this paper we discuss TIME LAPSE and its difference with moratoriums. Finally, we discusse in conclusion that the TIME LAPSE in INSURANCE law has remained in force but it is divided in two sections: legal and conventional.

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APA: Copy

MOEZI, JAFAR. (2013). TIME LAPSE IN BUSINESS INSURANCE. IRANIAN JOURNAL OF INSURANCE RESEARCH (SANAAT-E-BIMEH), 27(4 (108)), 97-111. SID. https://sid.ir/paper/100958/en

Vancouver: Copy

MOEZI JAFAR. TIME LAPSE IN BUSINESS INSURANCE. IRANIAN JOURNAL OF INSURANCE RESEARCH (SANAAT-E-BIMEH)[Internet]. 2013;27(4 (108)):97-111. Available from: https://sid.ir/paper/100958/en

IEEE: Copy

JAFAR MOEZI, “TIME LAPSE IN BUSINESS INSURANCE,” IRANIAN JOURNAL OF INSURANCE RESEARCH (SANAAT-E-BIMEH), vol. 27, no. 4 (108), pp. 97–111, 2013, [Online]. Available: https://sid.ir/paper/100958/en

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