Life Insurance Securitisation: Legal Issues

Various legal issues that have surfaced to date cannot be separated from the development of information technology that has mastered the world map. People as consumers really need fast and cheap transportation services to transport people or goods to meet their daily needs. The presence of the Gojek and GrabCar application services is one of the solutions needed by the community at this time, but there is no legal umbrella that regulates people’s transportation services for motorbikes or motorbikes and the transportation of people or passengers to Gocar or Grabcar in private cars, causing various legal issues in its application. Legal issues that arise, are forms of legal protection for consumer users and dispute resolution due to default by one of the parties. The research method is empirical research by processing primary and secondary data, which are then analyzed qualitatively. Conclusions on the results of the discussion: a form of legal protection for consumers and drivers in the form of compensation or assistance in the amount of ﬁve to 10 million rupiahs for guaranteed protection for hospital fees and in the event of accidents and life insurance guarantees from AXA Group. The procedure for resolving a default by a Gojek-GrabCar application provider as a result of private law or civil relations is that the application service user as a party to the agreement can choose to take legal action (litigation) or peace/mediation/conciliation (non-litigation).

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Legal Issues

Voluntarily Stopping Eating and Drinking ◽

10.1093/med/9780190080730.003.0005 ◽

2021 ◽

pp. 85-110

Author(s):

Thaddeus M. Pope

Keyword(s):

Decision Making ◽

Life Insurance ◽

Assisted Suicide ◽

Long Term Care ◽

Legal Issues ◽

Term Care ◽

Insurance Policies ◽

Decision Making Capacity ◽

Significant Barrier

This chapter clarifies the legality of VSED for patients, families, and clinicians. Both clinicians and medical societies widely perceive VSED to be legal. While there continues to be variability, particularly in long-term care settings, legal uncertainty is generally not a significant barrier when the patient has decision-making capacity. Courts have repeatedly authorized VSED, and VSED falls squarely within broader, well-settled rights to refuse treatment and care. After establishing a patient’s right to VSED and a clinician’s correlative duty to honor that choice, the chapter explains why VSED probably does not constitute (1) the crime of assisted suicide, (2) the neglect of a vulnerable adult, or (3) a basis to invalidate life insurance policies. The chapter concludes by noting that while clinicians may have affirmative duties to discuss VSED, they also have rights to conscientiously object to participating.

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Some Issues Relating to Life Insurance under the Ethiopian Commercial Code

Journal of African Law ◽

10.1017/s0021855308000090 ◽

2008 ◽

Vol 52 (2) ◽

pp. 190-217

Author(s):

Ezra L Desalegne

Keyword(s):

Life Insurance ◽

Legal Issues ◽

Court Cases ◽

Commercial Code ◽

Basic Concepts

AbstractThis article is about some of the issues relating to life insurance based on relevant provisions of the 1960 Commercial Code and other laws of Ethiopia that are currently in force. The article first discusses the basic concepts of insurance. It then focuses on a problem attributable to the practice of the Ethiopian Insurance Corporation and five legal issues relating to life insurance. It also includes an analysis of court cases. However, due to the lack of recent Ethiopian court cases relating to life insurance, it only analyses cases from the 1970s. The article concludes with recommendations on all the issues discussed.

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Betting on Lives: The Culture of Life Insurance in England, 1695–1775. By Geoffrey Clark. Manchester: Manchester University Press, 1999. Pp. xiv, 241. ??45.00.

The Journal of Economic History ◽

10.1017/s0022050700260397 ◽

2000 ◽

Vol 60 (03) ◽

pp. 869-870

Author(s):

OLIVER M. WESTALL

Keyword(s):

Life Insurance

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Tuesday Evening

PMLA ◽

10.1017/s0030812900130524 ◽

1935 ◽

Vol 50 (4) ◽

pp. 1357-1357

Keyword(s):

Life Insurance ◽

Insurance Company ◽

Life Insurance Company ◽

Local Committee ◽

Tuesday Evening

On Tuesday evening the members of the Association, and attending members of their families, were entertained with a buffet supper at the Queen City Club at 7:30 p.m. at the invitation of Messrs. Joseph S. Graydon, John J. Rowe, and other Cincinnati friends of the Association. Following this supper an entertainment arranged by the Local Committee was presented in the Hall of the Western and Southern Life Insurance Company. Attendance: about 900.

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Oregon’s Medicaid Program and Managed Care: A Case Study of Legal Issues

Perspectives on Augmentative and Alternative Communication ◽

10.1044/aac7.2.6 ◽

1998 ◽

Vol 7 (2) ◽

pp. 6-6

Author(s):

Reba Sundberg

Keyword(s):

Managed Care ◽

Legal Issues ◽

Medicaid Program

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Assessing the Impact of Suicide Exclusion Periods on Life Insurance

Crisis ◽

10.1027/0027-5910/a000023 ◽

2010 ◽

Vol 31 (4) ◽

pp. 217-223 ◽

Cited By ~ 1

Author(s):

Paul Yip ◽

David Pitt ◽

Yan Wang ◽

Xueyuan Wu ◽

Ray Watson ◽

...

Keyword(s):

Life Insurance ◽

Accidental Death ◽

Insurance Policy ◽

Death Rates ◽

Insurance Policies ◽

Suicidal Death ◽

Insured Individual ◽

The Impact ◽

Insurance Data ◽

The Relationship

Background: We study the impact of suicide-exclusion periods, common in life insurance policies in Australia, on suicide and accidental death rates for life-insured individuals. If a life-insured individual dies by suicide during the period of suicide exclusion, commonly 13 months, the sum insured is not paid. Aims: We examine whether a suicide-exclusion period affects the timing of suicides. We also analyze whether accidental deaths are more prevalent during the suicide-exclusion period as life-insured individuals disguise their death by suicide. We assess the relationship between the insured sum and suicidal death rates. Methods: Crude and age-standardized rates of suicide, accidental death, and overall death, split by duration since the insured first bought their insurance policy, were computed. Results: There were significantly fewer suicides and no significant spike in the number of accidental deaths in the exclusion period for Australian life insurance data. More suicides, however, were detected for the first 2 years after the exclusion period. Higher insured sums are associated with higher rates of suicide. Conclusions: Adverse selection in Australian life insurance is exacerbated by including a suicide-exclusion period. Extension of the suicide-exclusion period to 3 years may prevent some “insurance-induced” suicides – a rationale for this conclusion is given.

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