In our insurance system, according to the main body, you will find different titles such as “insurer”, “insurant”
“Insured” and “beneficiary”. The general public may not understand these terms. Here is a brief introduction:
The so-called insurer refers to the provisions of Article 2 of the Insurance Law, which means that various organizations operating insurance businesses have the right to claim insurance premiums when the insurance contract is established; in the event of a dangerous accident, they are obliged to pay compensation according to their underwriting responsibilities. Simply put, it is what we call insurance companies, such as Shin Kong Life, Farglory Life, etc., and these insurance companies, like the banking industry, require special government permits to operate. After an insurance company signs an insurance contract with an individual, it can collect insurance premiums from the contractor (the insured person), and if an accident within the scope of the insurance occurs, it has to bear the obligation to pay the insurance money.
The so-called insurant refers to the provisions of Article 3 of the Insurance Law, which refers to a person who has an insurable interest in the subject matter of insurance, applies to the insurer to conclude an insurance contract, and is obliged to pay insurance premiums. It can be seen from the provisions of the law that in addition to the person who makes the contract request to the insurer and pays the insurance premium, the insured person also needs to have insurance interests in the subject matter of the insurance, such as life, health, or specific property. If the insured or the insured has no insured interest in the subject matter of the insurance, the insurance contract will lose its validity. For example, the insurance contract will lose its validity. For example, when the house is sold to a third party, this fire insurance principle It will lose its effectiveness.
The insurance benefits can be divided into two parts: property insurance benefits and personal insurance benefits, which are stipulated in Article 14 to Article 16 of the Insurance Law respectively. In the life insurance part, the insured person has insurance benefits for the life or body of the person or his family; the person to whom living expenses or education expenses are paid; the debtor; the person who manages the property or interests for the person; Therefore, parents can legally purchase accident insurance for their children.
The so-called insured, referring to the provisions of Article 4 of the Insurance Law, refers to the person who suffers damage and has the right to claim compensation when an insured accident occurs; the insured may also be the insured. After reading this article, you will find that although the insured person is the obligor to pay the premium, it is not necessarily the person who has the right to claim compensation. Under normal circumstances, the insured and the insured will be the same person, but sometimes due to family, work or financial factors, the two will be separated, and this type of situation is most common in personal
In the situation where the insured and the insured are separated, apart from the insured’s interest in the subject matter of insurance, there are also special agreements in life insurance. The death insurance contract signed by a third party must be written by the insured Agree and agree on the insurance amount, otherwise, the insurance contract will be invalid, and the insured can notify the insurer and the insured person in writing to withdraw their consent at any time (Article 105 of the Insurance Law). The main purpose of this regulation is to enable the insured to enjoy master control and avoid moral hazards.
With reference to the provisions of Article 5 of the Insurance Law, this means that the insured or the insured agrees to have the right to claim compensation, and both the insured or the insured can be the beneficiary. In short, the beneficiary is the person who can claim compensation from the insurance company when an insured incident occurs. The beneficiaries are usually relatives. However, the Supreme Court’s Decision No. 2087 on the 97th platform specifically emphasizes that “if insurance The contract stipulates that there is a beneficiary. When an insured event occurs, the beneficiary has the right to request the payment of insurance money from the insurer, regardless of whether the beneficiary is the legal heir. The agreement to the beneficiary is not necessary to specify a specific name. , It’s okay for anyone to be specified at the time of contract.”