Unfair Terms and Unpredictability in the Insurance Contract
Unfair terms in insurance contracts are identified by courts of law, usually notified by the insured. The courts interpret the insurance policies clauses that are ambiguous, unclear, and even illegal. Due to the membership nature of the insurance contract, state intervention through mandatory regula...
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| Format: | Article |
| Language: | English |
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The Body of Expert and Licensed Accountants of Romania
2025-01-01
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| Series: | CECCAR Business Review |
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https://www.ceccarbusinessreview.ro/unfair-terms-and-unpredictability-in-the-insurance-contract-a441d/download-PDF/
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| _version_ | 1832544100587405312 |
|---|---|
| author | Ioana Nely MILITARU |
| author_facet | Ioana Nely MILITARU |
| author_sort | Ioana Nely MILITARU |
| collection | DOAJ |
| description | Unfair terms in insurance contracts are identified by courts of law, usually notified by the insured. The courts interpret the insurance policies clauses that are ambiguous, unclear, and even illegal. Due to the membership nature of the insurance contract, state intervention through mandatory regulations and setting up of an authority was necessary. Thus, in order to prevent abusive practices in the insurance sector, namely of insurers (insurance companies), states have set up administrative authorities to control them, supervise their activity, and sanction their illegal actions. |
| format | Article |
| id | doaj-art-fbe7164185fe497d9957010f4b3f41e3 |
| institution | Kabale University |
| issn | 2668-8921 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | The Body of Expert and Licensed Accountants of Romania |
| record_format | Article |
| series | CECCAR Business Review |
| spelling | doaj-art-fbe7164185fe497d9957010f4b3f41e32025-02-03T11:02:00ZengThe Body of Expert and Licensed Accountants of RomaniaCECCAR Business Review2668-89212025-01-01512394510.37945/cbr.2024.12.0526688921Unfair Terms and Unpredictability in the Insurance ContractIoana Nely MILITARU0Bucharest University of Economic StudiesUnfair terms in insurance contracts are identified by courts of law, usually notified by the insured. The courts interpret the insurance policies clauses that are ambiguous, unclear, and even illegal. Due to the membership nature of the insurance contract, state intervention through mandatory regulations and setting up of an authority was necessary. Thus, in order to prevent abusive practices in the insurance sector, namely of insurers (insurance companies), states have set up administrative authorities to control them, supervise their activity, and sanction their illegal actions. https://www.ceccarbusinessreview.ro/unfair-terms-and-unpredictability-in-the-insurance-contract-a441d/download-PDF/ unfair termsunpredictabilityinsuredinsurerprofessional traderconsumer |
| spellingShingle | Ioana Nely MILITARU Unfair Terms and Unpredictability in the Insurance Contract CECCAR Business Review unfair terms unpredictability insured insurer professional trader consumer |
| title | Unfair Terms and Unpredictability in the Insurance Contract |
| title_full | Unfair Terms and Unpredictability in the Insurance Contract |
| title_fullStr | Unfair Terms and Unpredictability in the Insurance Contract |
| title_full_unstemmed | Unfair Terms and Unpredictability in the Insurance Contract |
| title_short | Unfair Terms and Unpredictability in the Insurance Contract |
| title_sort | unfair terms and unpredictability in the insurance contract |
| topic | unfair terms unpredictability insured insurer professional trader consumer |
| url |
https://www.ceccarbusinessreview.ro/unfair-terms-and-unpredictability-in-the-insurance-contract-a441d/download-PDF/
|
| work_keys_str_mv | AT ioananelymilitaru unfairtermsandunpredictabilityintheinsurancecontract |