Life Insurance as Collateral for Bank Credit
Abstract
This article will cover issues related to the obligations of the parties to the contract and the subject of the insurance contract concluded in connection with a bank loan agreement. Who are the parties to the contract and who benefits from the insured amount when the insured event occurs? What is the purpose, what does the Insurance Code provide and how does it guarantee the creditor’s rights? Insurance as additional collateral for the bank.
DOI: https://doi.org/10.2478/kbo-2020-0060 | Journal eISSN: 2451-3113
Language: English
Page range: 99 - 103
Published on: Jul 20, 2020
Published by: Nicolae Balcescu Land Forces Academy
In partnership with: Paradigm Publishing Services
Publication frequency: 3 times per year
Keywords:
Related subjects:
© 2020 Ina Shkodrova, published by Nicolae Balcescu Land Forces Academy
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.