Legal Consequences of Changing the Name of Heirs on the Insurance Policy

Robinson, Elvira Fitriyani Pakpahan

Abstract

Insurance is an agreement between two parties, was from insurance company and the policy holder. Insurance is an important part of everyday life, it is a part of contract law and also part of inheritance law because it has a value of inheritance that can be inherited. The aim of this study is to analyse the impact of name changing laws on heir on insurance. This type of research are laws normative research. The change of name is made in order that policyholders have opportunity to change some of the wishes on the policies that are already owned by insurance agreements. The regulation on changing the name of the heir according to the insurance law in Indonesia is not regulated in detail. However, in Article 251 of the Commercial Code, it is very clear that there is a need for notification to the parties related to the agreement made whenever there is a change to the deed or agreement. So that the legal consequences of changing the name of the heir have a significant impact so that it needs to be done with caution so as not to be mistaken. The need for legal protection against changes in the name of heirs in the insurance policy so that the parties related to the policy do not change carelessly so that it has an impact on other legal consequences.

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Paper Citation


in Harvard Style

Robinson. and Pakpahan E. (2020). Legal Consequences of Changing the Name of Heirs on the Insurance Policy.In Proceedings of the International Conference on Culture Heritage, Education, Sustainable Tourism, and Innovation Technologies - Volume 1: CESIT, ISBN 978-989-758-501-2, pages 15-21. DOI: 10.5220/0010294000150021


in Bibtex Style

@conference{cesit20,
author={Robinson and Elvira Fitriyani Pakpahan},
title={Legal Consequences of Changing the Name of Heirs on the Insurance Policy},
booktitle={Proceedings of the International Conference on Culture Heritage, Education, Sustainable Tourism, and Innovation Technologies - Volume 1: CESIT,},
year={2020},
pages={15-21},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010294000150021},
isbn={978-989-758-501-2},
}


in EndNote Style

TY - CONF

JO - Proceedings of the International Conference on Culture Heritage, Education, Sustainable Tourism, and Innovation Technologies - Volume 1: CESIT,
TI - Legal Consequences of Changing the Name of Heirs on the Insurance Policy
SN - 978-989-758-501-2
AU - Robinson.
AU - Pakpahan E.
PY - 2020
SP - 15
EP - 21
DO - 10.5220/0010294000150021