Accountability answers company insurance life based investing against the risk of failure to pay for policyholders
Bibliographic Data
| ID | 22250397 |
|---|---|
| Authors | Selvi Harvia Santri (0000-0001-7362-9027, Andalas University, corresponding author), Yaswirman Yaswirman (Andalas University), Kurnia Warman (0000-0002-1260-0877, Andalas University, corresponding author), Wetria Fauzi (Andalas University, corresponding author) |
| Year | 2022 |
| Volume | 6 |
| Pages | 427-437 |
| Publication date | 2022-01-07 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Linguistics and Culture Review (JOURNAL) |
| Journal identifiers | ISSN: 2690-103X • E-ISSN: 2690-103X |
| Publisher | Scientific and Literature Open Access Publishing (PUBLISHER) |
| DOI | 10.21744/lingcure.v6ns1.2087 |
| OpenAlex | W4205731013 |
| Language | EN |
| Citations received | 2 |
| References cited | 4 |
The problem of this research is how to regulate investment-based life insurance in Indonesia and the liability of investment-based life insurance companies against the risk of default by policyholders. This study uses a research method that has an empirical juridical type. The study results explain that the regulation of investment-based life insurance in Indonesia is regulated in Law Number 40 of 2014 concerning Business Per Insurance, OJK Regulation Number 23/POJK.05/2015 concerning Insurance Products and Marketing and Decree of the Chairman of BPPM and Financial Institutions Number KEP-104/ BL/2006 concerning Investment-based life insurance products. PP Number 87 of 2019 concerning insurance companies in the form of joint ventures, RI's Financial Decree Number 422/KMK.06/2003 and Director General of Financial Institutions Decree Number 2475/LK concerning investment insurance products and forms of liability of default insurance companies must fulfill the contents of the agreement insurance that gives rise to the rights and obligations of the insured reciprocally. However, Law Number 40 of 2014 concerning Insurance Business does not fully regulate violations in the insurance business and does not regulate how the insurance company is responsible for the company's inability to fulfill insurance claims
Actuarial science · Business · Casualty insurance · Decree · General insurance · Group insurance · Income protection insurance · Insurance law · Insurance policy · Key person insurance · Liability insurance · Life insurance · Indonesian Legal and Regulatory Studies · Law · Legal and Policy Analysis in Indonesia · Legal Studies and Policies · Finance
| Unique citing works | 2 |
|---|---|
| Citations per year | 0.5 |
| Citation span | 2022 - 2022 (1) |
| Citation velocity | historical |
| Highly cited | No |