Life insurance is an insurance that pays to the beneficiary upon the death of the insured.
Typical Reasons for Refusal
- Pre-existing disease (input declaration is insufficient)
- Suicide (usually 2 years waiting)
- Dangerous activity (parachuting, diving, etc.)
- During involvement in a crime death
Declaration Obligation
- All diseases must be reported at the contract stage
- Deliberate concealment: reason for contract cancellation
- Not knowing is controversial (Supreme Court in favor of the insured)
Suicide Exception
- Rule: 2-year waiting period
- Suicide is also paid after 2 years
- Burden of proof in the insurer
Beneficiary
- Person(s) specified in the policy
- Spouse, child, parents
- Legal heirs if not specified
Supreme Court 11. HD
11. HD accepts that the insurer must prove the claim of "pre-existing disease" with concrete medical evidence, and that a mere claim is insufficient.
Periods
- Notification: 30 days after death (according to the policy)
- Lawsuit statute of limitations: 2 years/10 years
Insurance law lawyer recommended.