Insurance

The term "insurance" means the transfer of a risk from one subject to another.
The one who transfers the risk is the insured, the one who, for example, insures himself from the damage caused to his own car.
On the other hand, the person who takes care of it is the insurer, or the person who, at the time of the occurrence of the event, will repay the damage.
By taking out insurance, you enter into a contract.
The contract commits the insurer through the payment of the premium to reclaim the insured for the damage suffered according to the limits established therein.
The event is future and uncertain. The uncontrollability of the event, neither by the insurer nor by the insured, governs the clauses of the insurance contract and is called risk of risk - this is transferred to the insurance contract.
The damage can be produced either by an accident or upon the occurrence of an event relating to human life in respect of which to pay a capital or an annuity.
Insurance contracts are divided into two branches:
- * non-life insurance: damage to property, damage to people, civil liability (mandatory), commercial risks and financial risks;
- * life insurance: the life insurance is mainly based on the possibility that the insured person has to live or die by a certain date.
Insurance in Italian jurisprudence is regulated by Articles 1882 and 1919 of the Civil Code.