TITLE:
Study of the Standard Insurance Provisions’ Interpretation
AUTHORS:
Yang Yang
KEYWORDS:
The Standard Insurance Provision; The Interpretation Principle; The Type of Interpretation; The Unfavorable Interpretation Principle
JOURNAL NAME:
Open Journal of Social Sciences,
Vol.2 No.4,
March
18,
2014
ABSTRACT: The new insurance law has been implemented for a long time, but it is still disputed frequently for the application of standard insurance clause. We can see this from many cases, e.g. the Sued People’s Insurance Company of China LLC, Jinyun Branch office Insurance contract Dispute Case by Li Shangzhi. This paper is trying to take the standard insurance clause as the beginning point to briefly analyze the reason for the terms’ understanding differences and to study their unfavorable interpretation principle through comparing the provisions’ samples in the old and new insurance law, which can be looked forward to providing some ideas for their corresponding practice.