Khaberni - The House of Representatives holds a legislative session on Monday to continue the discussion of the agenda of the eighteenth session, which includes continuing the discussion of the Insurance Contracts Bill for the year 2025.
The project aims to enhance transparency and fairness in the relationship between insurance companies and citizens, and ensures the protection of the insured's rights by obliging insurance companies to respond to requests within only 10 days, and prohibits the imposition of unfair or ambiguous terms.
It also contributes to stimulating investment and supporting the national economy by providing an advanced legislative environment, in addition to addressing negative phenomena such as the purchase of "crokats" and criminalizing them legally and imposing clear penalties.
The bill aims to enhance confidence in the insurance sector, achieve the principle of fair compensation that protects the rights of all parties, and ensures that the terms of the contracts are clear, simple, and interpreted in favor of the insured in the event of any ambiguity.
The bill specifies the obligations incumbent upon both parties of the insurance contract and clarifies the legal provisions resulting from its termination based on justified reasons before its duration expires and the obligations that arise from this for both the insured and the insurer. It also defines the statute of limitations preventing the hearing of claims arising from the insurance contract, the cases in which this limitation is interrupted, and the date on which the right arises for the insurer and third parties to file lawsuits.
The Education and Training Committee discusses on Monday the Law of Education, Training, and Human Resource Development for the year 2026.
