Study In Legal Issues Of Life Insurance Contract Reinstatement

Reinstatement system is a system specific to life insurance contracts, the insurancecontract reinstatement system works and related papers are relatively few, especiallythe study on reinstatement system in China’s Insurance Law of2009is also relativelyscarce. Existing study only focus on a few aspects and debatable understanding ofindividual problems exist. Institute based on the data of other countries or regions arequite outdated, failed to grasp the latest status. Study on the reinstatement system isfar less than other systems in the insurance law that concern, research level is notwide, but also lacks depth. With the rapid development of the insurance business ofour country, legal issues and disputes of personal insurance contract reinstatement willshow a rising trend. There is a lot of controversy in the reinstatement of the legalissues of the life insurance contract research theory and practice, the study in legalissues of life insurance contract reinstatement will also be the people’s attention andbecome a hot issue.According to China’s Insurance Law of2009article thirty-sixth, article thirty-seventhas the center. In the text, there are three parts on the legal issues of the life insurancecontract reinstatement. The first part focuses on the understanding of the concept ofthe reinstatement of the life insurance contract, as well as the reinstatement value ofthe life insurance contract. So as to lay the theoretical foundation for the followingexposition. The second part mainly analyzes the legislative status reinstatementsystem of our country at the present stage, and some deficiencies of combined withthe problems in practice summarizes the reinstatement system, the legislators topersonal insurance contract reinstatement specification also made many changes. theamendment does not apply enough criteria to the personal insurance contract. Thethird part is to give specific solutions for the five legal issues presented in the secondpart, give specific perfect at the legislative level, the life insurance contractreinstatement system in a specific procedure able to do a legal basis to maximize theprotection for the legitimate rights and interests of the parties, and balance theinterests of the life insurance contract both. In order to achieve the role of Mediatingindisputable.Life Insurance Contract reinstatement of the legal issues more in-depth research,analysis of the legal issues currently of Life Insurance Contract reinstatement processappears, and put forward some reasonable suggestions, hoping to provide reference basis for future revision of insurance law and relevant judicial interpretations of theintroduction.