Insurance Contracts In Egypt

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Summary

Insurance contracts in Egypt must be written and signed, with obligations for both insurer and insured. Misrepresentation can lead to termination. Research includes definitions, elements, types, obligations, remedies, and case laws.

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help me write a research about them
Sure, for a detailed research on insurance contracts in Egyptian Civil Code, consider the following points:
*. Definition of insurance contract in Egyptian Civil Law
*. Essential elements of insurance contracts
*. Types of insurance contracts
*. Obligations of the insurer and insured
*. Remedies for breach of contract
*. Case laws related to insurance contracts
Remember to cite your sources and adhere to academic integrity.
can you give me detailed info in all of these points
*. **Definition**: An insurance contract in Egyptian law is a mutual agreement where the insurer undertakes to provide compensation in the event of a specific risk in return for a premium.
*. **Essential Elements**: It must have elements of offer, acceptance, lawful object, and consideration (premium).
*. **Types**: Includes life, property, and liability insurance.
*. **Obligations**: The insurer is obligated to compensate for risks, while the insured must pay the premium.
*. **Remedies**: Non-compliance can lead to contract termination or legal proceedings.
*. **Case Laws**: Research recent and historic cases to understand practical applications and interpretations.
more detailed please
*. **Definition**: Insurance contract is a legal agreement between two parties - the insurance company (insurer) and the individual (insured), where the insurer promises to pay the insured for specific loss, damage, illness, or death in return for payment of a specified premium.
*. **Essential Elements**: The contract must be written, the object of insurance must be legal, there must be an insurable interest, utmost good faith must be observed, and there should be payment of premium.
*. **Types**: Life insurance ensures that the insurer pays a certain amount upon the death of the insured. Property insurance covers risks related to property loss. Liability insurance covers legal liabilities.
*. **Obligations**: The insurer has the obligation to indemnify the insured in case of loss. The insured has to disclose all material facts and pay the premiums.
*. **Remedies**: If there's a breach of contract, the innocent party can rescind the contract, claim damages or enforce the performance.
*. **Case Laws**: Look into 'Aqila Insurance v. Arab Misr Insurance' and 'Misr Insurance v. National Bank of Egypt'.