04/04/2016
Lawyer adviser Abdulaziz bin Abdullah Khuraiji has
identified insurance as a cooperation between the insured for and the insurer,
for a specified period, in which they pay a security deposit or insurance
installment to the insurer, who collects these funds together.
Khuraiji explained during a meeting organized by the Eastern Chamber main
headquarters recently, titled (insurance and terms of reference and
judicial) managed by vicar of the Lawyers Committee in East Chamber Salman Al
Omari, that the insurer determines the value of the installment imposed to each
insured to be paid on statistical and technical anticipating risks basis,
and the insured Consequently fixes the harm that the any insured might be
subjected to.
Khuraiji explained that the insurance as a cooperation between the
insured sum based on participation in payment of installment, and the insurer
is only an intermediary who collects the money and categories them
according to risk, which are expected to occur.
The aim of the insurer to collect the biggest number of the insured ones,
who are involved in exposure to a specific risk, such as theft, fire or
responsibility for accidents or death or otherwise ,so the insurer
puts it in one pot, if the risk occurs for some of them contributed to
all in the losses, the idea of insurance is sharing contribution in losses,
and the insurer is an intermediary between them.
And regarding the judiciary specialization of Insurance and degrees of
litigation Khuraiji pointed that there are two committees specialized to look
violation and settling them first is: a committee to look in the
violations in health insurance system, consisting in the formation of a
representative from the following ministries: interior, labor, justice,
finance, health. trade, these are authorities that suggest the penalty points
and penalty decided by the head of the health Insurance Council, and the appeal
against the decision in front of the board of grievances.
And the second is: Committee of resolving insurance disputes and violations,
which consists of a primary committee: composed of 3 members according to a
resolution by the Council of Ministers at least one of them is a legal
counselor, and the duration of membership (3) years. And a Committee of
appealing: composed of a number of at least (3) members of advisers with
expertise and specialties in doctrine of transaction and insurance, and
the decisions of this Committee are considered final, also the work of the
Committee ruled by procedural basics approved by the Council of Ministers.
