1, guarantee terms: for example, the insurance company requires the insured to ensure that do or do not do something, or to ensure that a state of affairs exists or does not exist, otherwise it is a violation of the terms, the violator will be subject to termination of the penalty, and so on.
2, additional clauses: in the insurance policy on the basis of the basic terms and conditions, supplemented by a number of provisions, used to expand or limit the original policy above the basic terms and conditions of the rights and obligations stipulated in the policy.
One, the insurance contract special terms
The insurance contract special terms refers to the parties to the insurance contract in addition to the basic terms of the contract, in order to fulfill the special obligations and special provisions. Special terms are freely agreed by the parties to the insurance contract.
Second, the insurance contract special terms include additional terms, guarantee terms, association terms
1. Additional terms
Mostly about the rights and obligations of the parties to the special agreement, depending on the specific contract. Summarized:
(1) non-defense clause.
(2) Suicide clause.
(3) Grace period clauses.
(4) Policy reinstatement clause.
(5) No loss of value clauses.
(6)Misstatement of age clause.
(7)Beneficiary clause.
(8) Exclusion of liability clause.
2. Warranty clauses
The warranty clauses are:
(1) Definition of warranty.
(2) The role of warranty.
(3) Types of warranties.
(4) Legal consequences of breach of warranty.
(5) Exceptions to the performance of warranty terms.
3. Association clauses
Only in the marine insurance contract, specifically by the London Association of Insurers in accordance with the practical needs of the preparation and publication of the general terms of the relevant ship and cargo insurance.
Insurance, refers to the policyholder according to the contract, pay premiums to the insurer, the insurer for the contract may occur due to the occurrence of accidents caused by the property loss liability, or the insured person death, disability, disease, or reach the age of the contract, the period of time, and other conditions of the commercial insurance behavior of the insurance responsibility to pay the insurance premiums.