Airlangga University Researchers Provide Details of New Studies and Findings in the Area of Legal Issues (Due to the Legal Failure to Pay by the Insurance of the Insurance Policy of the Insured): Legal Issues

2022 AUG 02 (NewsRx) -- By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily -- Fresh data on agriculture are presented in a new report. According to news originating from Airlangga University by NewsRx correspondents, research stated, “This Paper Discusses Due To The Legal Failure To Pay By The Insurance On The Insurance Policy Of The Insured.”

The news journalists obtained a quote from the research from Airlangga University: “The agreement between the two parties insured (insurance company) and the insured (policy holder) at the time of making an insurance policy is important, because insurance or coverage is a form of agreement. In recent years, Indonesia has been shocked by the number of insurance cases, which has made policyholders from any insurance company to be wary or worried about their money that has entered the insurance company. These policy holders (insured) seek justice and legal certainty by taking various legal methods. This normative research uses the method of legislation and a conceptual approach. This paper aims to analyze the legal consequences of the insurer failing to pay on the rights of the insured and the legal protection for the insured affected by the default. The results of this study indicate that legal remedies that can be taken by the Insured to minimize losses are one of them by paying attention to the time limit for granting claims and benefits that have been agreed in the Insurance Policy which is generally 30 (thirty) days after the agreement.”

According to the news reporters, the research concluded: “The Financial Services Authority has the authority to ask the Insurer to stop activities if it has the potential to harm the community. It is also authorized to facilitate the settlement of consumer complaints that have been harmed by actors in financial service institutions (Insurers).”

For more information on this research see: Due to the Legal Failure to Pay by the Insurance of the Insurance Policy of the Insured. Lambung Mangkurat Law Journal, 2022,7(1):29-44. (Lambung Mangkurat Law Journal - http://lamlaj.ulm.ac.id/web/index.php/abc/index). The publisher for Lambung Mangkurat Law Journal is Universitas Lambung Mangkurat.

A free version of this journal article is available at https://doi.org/10.32801/lamlaj.v7i1.288.

Our news editors report that additional information may be obtained by contacting Berliane Rezty Anggriheny, Master of Notary, Faculty of Law, Airlangga University. Additional authors for this research include Regina Yusticia Nababan.

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