Mortgage Protection Policy: New Tools for Impawn
The ineffectiveness of the mortgage regime in our country has led legalwriters to introduce alternatives instead of mortgage so that the failure of themortgage regime partially to be less. One of these methods that still is notprevalent in our country is using of the mortgage protection policy. Ii notlisted in the current legislation and not express its provisions; thereforeunderstanding this institution and its provisions can helps to this institutionIs more common. Mortgage protection policy located between the propertyinsurance and life insurance and There are features of both institutions in thisinsurance; but this institution has certain characteristics that distinct it fromlife insurance and close to property insurance. In this insurance the risk ofnon-payment of loans transferred to the insurer in exchange for the lender isdetermined as the beneficiary of insurance. In this institution, unlike otherlife, investment is reduced and the investment is the amount of remainingdebt, payment of premium is compulsory and also the beneficiary isirrevocable. Given the effectiveness of this contract in terms of covering therisk of non-repayment of the loan as well as the suitability of this contractfor the applicants, it is necessary to amend the rules on banking and loancontracts in order to further extend this contract.
- حق عضویت دریافتی صرف حمایت از نشریات عضو و نگهداری، تکمیل و توسعه مگیران میشود.
- پرداخت حق اشتراک و دانلود مقالات اجازه بازنشر آن در سایر رسانههای چاپی و دیجیتال را به کاربر نمیدهد.