|
Chapter One
Insurance Under This Act
Article 1 - Insurance under the provisions of this Act includes
First Personal insurance and capital redemption including the following classes
1 - all types of life assurances
2 - personal accident and long term health insurance
3 - capital redemption
Second Property and liability insurance including the following classes
1 - fire and additional perils
2 - land, river, marine, air transportation and related liabilities.
3 - marine hull, its machinery, its equipment and related liabilities.
4 -aircraft, its machinery, its equipment and related liabilities.
5 - motor vehicle and related liabilities
6 - engineering and related liabilities
7 - oil.
8 - miscellaneous and liabilities.
The board of directors of the Authority may issue a decision determining other insurances and their classes.
|
