On The Terms Of The Insurance Scheme

Standard terms are widely applied to various fields of economic life because of itsdistinctive features and functionality advantages in contemporary society. Terms areadopted in the field of the insurance industry, it has become customary to enter into aninsurance contract for standard terms. However, the terms of the insurance format has thetypical characteristics of the previously drawn up and attached together, because of it, theinsurer as the makers of the provisions of the insurance format, tend to develop the termsof the rights of the exclusions and limitations of insurance consumers. It damages theinterests of insurance consumers, so we need reasonable standard terms of insuranceregulation to balance contracting interests, avoiding disadvantages, ensure the healthydevelopment of the insurance industry.Based on introducing the connotation of the terms of the insurance format andfeatures, this paper makes an in-depth analysis in the value of the insurance standardterms and regulatory necessity to format the terms of the insurance regulatory stance,makes clear description of measures of the administrative rules and regulations set forththe terms of the insurance format and the insurer’s obligations, insurance terms of formatinvalid identified as well as how to apply the adverse principles of interpretation. Finally,the paper introduces the affairs Overlord Terms, elaborated the identification andcomprehensive management of provisions of the insurance affairs Overlord Terms,identified from the analysis of the terms of the King to protect the interests of insuranceconsumers, from the makers of the provisions of the insurance format, audit andinsurance point of view of consumers explore the comprehensive management of theprovisions of the King, looking forward to effectively regulate the insurance provisionsof the King.