life insurance , loan insurance to insure the life of the loan or Deposit
– occurred event stipulated in the insurance contract or by law, the occurrence of which the insurer is responsible to pay the insurance indemnity to the policyholder, insured person, beneficiary or other third parties. When S. property insurance payment is made in the form of insurance compensation under S. with the identity of the policyholder or a third party in the form of insurance coverage. Upon the occurrence of S. the policyholder is obliged to take steps to save and preserve the insured property, treating it as if it was not insured. The insurer shall indemnify the insured for its spending on prevention and loss reduction from the S., which are determined by the emergency Commissioner or agents “Lloyd”, survey firms, insurance agencies, i.e. natural persons or legal entities, specializing in the inspection of the emergency property.