INSURANCE COMPANIES LOGOS IN AFGHANISTAN
Afghanistan, Asia – World Insurance Companies Logos.
The graphic mark of a company is synonymous with its brand. In insurance, a logo is immediately recognizable and allows the customer to associate the company with the useful qualities such as trust, fair price, etc., and many other vital questions about how to find the best insurance. Click on the logos of the insurance companies to get a lot of updated information offering every insurer in AFGHANISTAN. We want to help you to find the best insurance on the internet.
DIRECTORY OF LOGOS AND NAMES OF AFGHAN INSURANCE COMPANIES
INSURANCE LAW, IN AFGHANISTAN
Article 2: which are stipulated in the insurance policy
In this law, the following terms shall have the meanings set forth:
1-Insurance: A contract concluded between the insurer and the insured by virtue of which the insurer undertakes to compensate the losses the insured against receipt of a fixed insurance premium.
2- Insurer: The insurance company.
3- The insured: A natural or legal person which concludes one of the insurance policies personally or as a proxy for his own or for someone else’s interests.
4- The insured amount: The maximum commitment of the insurer vis-à-vis the sustained losses which are stipulated in the insurance policy.
5- The insurance premium: Pertains to the amount which the insured pays for the he insurance company obtaining the insurance policy.
6- Compensation of loss: Pertains to the cash amount or the equivalent thereof, which is paid to the insured upon the occurrence of insurable event and ascertainment of the loss.
7- The subject of insurance: Human life when faced with death or disability; or objects, goods and properties which are faced with damage and loss.
8- Insurance policy: Is a legal document submitted by the insurer to the insured as an insurance agreement.
9- Event: A certain circumstance under which the insured claims, compensation of loss in accordance with the insurance policy. 10- Insurance reserves: Financial funds which are created out of the revenues of the insurance company for compensation of losses, operating expenses of the insurance company and payments against reinsurance.
11- Reinsurance: Insurance of insurance risks with other insurance companies on the basis of contracts and agreements.
12- Ex gratia payment: In exceptional circumstances compensation of losses to the insured by the insurer even though the insurer has no legal obligation to pay the insured.
Insurance shall take place against the following risks:
1- Risks to which air, land, and marine transportation means are subjected as the result of accidents.
2- Arson, theft and accidents which threaten physical wellbeing.
3- Force majeure, i.e., earthquake, flood, storm, etc.
4- Collision of vehicles and the risks resulting from their motion.
5- Risks resulting from working in industrial, construction, service-providing institutions and the like.
6- Theft of cash from safe and loss of money while being transferred.
7- Accidents and risks resulting from war, demonstration, strike and riots.
8- All other risks and accidents which may require being insured in the future.
From INSURANCE LAW of Afghanistan
Afghanistan, Asia – World Insurance Companies Logos
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