VakO 4.11.1998/6407:97
KI-generiert
Insurance court dismissed claim for refund of premium due to policy cancellation by insurer.
Legislator-Zusammenfassung
KI-generiertThe Finnish Insurance Court dismissed the policyholder's claim for a refund of the insurance premium. The insurer cancelled the policy before the policy period began, arguing that no coverage period had elapsed. The court held that without a valid coverage period, the insurer was not obligated to refund the premium paid.
Legislator-Regeste
KI-generiertInsurance Act 1993, s. 10; Insurance Act 1993, s. 11: When an insurer cancels a policy before the coverage period commences, the insurer is not required to refund the premium paid by the policyholder.
Schlagwörter
KI-generiert
insurance contract cancellation
premium refund obligation
coverage period commencement
policyholder claim
insurer liability
Zitierte Gesetzesbestimmungen
KI-generiertInsurance Act 1993, s. 10
Insurance Act 1993, s. 11
Volltext
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