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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Some issues relating to life insurance under the Ethiopian Commercial Code
Author:Desalegne, Ezra L.ISNI
Periodical:Journal of African Law
Geographic term:Ethiopia
commercial law
Abstract:This article is about some of the issues relating to life insurance based on relevant provisions of the 1960 Commercial Code and other laws of Ethiopia that are currently in force. The article first discusses the basic concepts of insurance. It then focuses on a problem attributable to the practice of the Ethiopian Insurance Corporation relating to insurance made by one spouse on the life of the other, as well as five legal issues relating to insurance made for the event of death of an incapable person, insurance in the case of suicide, the beneficiary of a life insurance policy for the event of death, the assignment of a life insurance policy and accident insurance. It also includes an analysis of court cases from the 1970s, given the lack of recent Ethiopian court cases relating to life insurance. The article concludes with recommendations. Notes, ref., sum. [Journal abstract, edited]