What are the rights and obligations of the insured?

The insured refers to the person whose property interest or person is protected by the insurance contract according to the insurance contract, and who enjoys the right to claim the insurance money after the insurance accident. The insured is often the insured at the same time.

In property insurance, the applicant and the insured can be the same person. If the applicant and the insured are not the same person, the insured of property insurance must be the owner of the insured property, or the manager of the property, or a person who has a direct interest in the property, otherwise it cannot become the insured of property insurance.

in life insurance, the insured can be the applicant himself. If the applicant and the insured are not the same person, there is an administrative subordination or employment relationship between the applicant and the insured, or there is a creditor's right and debt relationship between the applicant and the insured, or there is a legally recognized inheritance, support, upbringing or guardianship relationship between the applicant and the insured, or there is a gift relationship between the applicant and the insured, or the applicant is the spouse, parents, children or other persons recognized by law.

the right of the insured

to decide whether the insurance contract is valid

in the life insurance contract, the contract with death as the condition of paying the insurance money and the insured amount are invalid without the written consent and approval of the insured.

Designate or change the beneficiary

In a life insurance contract, the insured has the right to designate or change the beneficiary, and the applicant must obtain the insured's consent in advance.

in some cases

the insured has the right to benefit from the insurance money. For example, according to the Insurance Law, if the insured dies, as long as one of the following circumstances exists, the insurance money will be regarded as the heritage of the insured, and the insurance company will perform the payment obligation to the heir of the insured: the insured has not designated the beneficiary; The beneficiary died before the insured, and no other beneficiary was designated; The beneficiary loses or gives up the right to benefit according to law, and there are no other beneficiaries.

Obligations of the Insured

The Insured is also in danger of increasing the obligations of notification, notification of insurance accidents, disaster prevention and rescue, and provision of relevant certificates, documents and materials.

when the insurer exercises the insurance subrogation (that is, when the insurer replaces the insured to claim compensation from the third party that caused the damage), the insured has the obligation to assist.

Source: Financial website

(Editor: Yue Xiaolong)

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