the The legal nature of the memorandum of temporary coverage in the insurance contract

Abstract

The insurance contract is one of the most important means of solidarity that aims to bear risks, and it is considered one of the newly established contracts that appeared on the scene of reality, so it has found wide spread in all different circles, and since the nature of this contract and its purpose make the responsibility of its parties joint in bearing risks, since the essence of the insurance contract - as is known - is to cover the expected risk regardless of its nature and type, therefore and because of the nature of this contract and its importance, it goes through several stages until it is concluded, starting from submitting the insurance application until the issuance of the final document of the insurance contract.