26 Jul 2008

On the insurance law in the Chuxian notification obligations

China's Insurance Law, in principle, should become the beneficiaries Chuxian the obligation to notify people. Notice period should be identified as a specific deadline, and should allow the parties to agree to a longer notice period. Chuxian breach of the obligation to notify the legal consequences should be designed exemption for the insurance people and damages, but should not be given the right of rescission insurers.

Key words: Chuxian notice; notification obligations; notice period; notification; legal consequences

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