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The insurance contract is an independent type of contract under which the insurer promises, commercially and for a fee, a financial benefit in the event of the occurrence of an uncertain, economically disadvantageous fact.

Term-Nr.: 465

German: Versicherungsvertrag (842)

Source: LK-Lötscher, 11.05.2020

Notice: The contents of this terminology collection Lawpedia® with a focus on business law (especially financial market law) have been researched with great care and compiled on the basis of an extensive flash card, training materials and literature. The various sources (as far as they could be found) can be found in the abbreviations and source references. References to other sources are welcome. Despite the care taken, the provider cannot accept any liability for the accuracy, completeness and topicality of the information provided. The information is of a general nature in particular and does not constitute legal advice in individual cases.

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