The insurance contract and its modifications or additions must be formalized in writing. The insurer is obliged to deliver the system to the person taking the insurance or, at least, the provisional coverage document. If by the insurance method, the policy issuance is not required, the insurance company will be obliged to deliver the report established in the provisions of the mentioned insurance modalities.
Insurance Application
The document before the formalization of the insurance contract through which a particular person requests information about individual insurance. This document is not binding, neither for the insurance company nor for the person who claims it.
Insurance Proposal.
The document also before the formalization of an insurance contract through which an insurance company offers insurance to a specific person for future formalization by both parties. Unlike the insurance application, the proposal will link to the insurance company for 15 days.
By agreement between the parties, the effects of the insurance can be rolled back to the time the application was submitted, or the proposal was made.The insurance policy will consist of: general conditions (clauses common to all systems of the same type of insurance), specific requirements (specific provisions for the protection in question) and limiting regulations (which will be highlighted in a unique way in the condition, must be accepted explicitly by the person taking the insurance).