Application Of The Utmost Good Faith Principle In Life Insurance Business Management In Indonesia

  • Nur Ashri Maunah Master of Public Health, Faculty of Public Health, Respati University Indonesia
  • Bambang Sunargo Master of Public Health, Faculty of Public Health, Respati University Indonesia
  • Erlina Puspitaloka Mahadewi Universitas Esa Unggul, Jakarta Indonesia
Keywords: Assurance, assurance risk, insurance principles and utmost good faith.

Abstract

The study focused on the purpose of this writing is to find out the application of the principle of utmost good faith in life insurance. The research method used in this study is to use data collection methods in library research or library research. In this literature study the author obtains the materials and library materials needed by studying books, writings, journal citations and statutory and legal products that are related to the subject matter according to topics in Indonesia so that it can be concluded that: first, legal principles in insurance coverage include insurable interest, utmost good faith, indemnity principle, subrogation principle, causaliteit principle, contribution principle, cause principle, follow of fortune. Second, the types of risk in insurance are pure and speculative risk, diversifiable and non-diversifiable risk, company risk, systemic risk, financial and non-financial risk, individual and group risk, static and dynamic risk. Third, the application of the principle of utmost good faith in life insurance is very important, because if there is submission of information and information that is incorrect, it can result in the insurance agreement being cancelle.

Downloads

Download data is not yet available.

References

Alkhedhairy, M. (2022). Fundamental Principles in Saudi Arabia’s Marine Insurance Law with Reference To The Law And Practice In Egypt And The UK: A Comparative Study.

Fauzi, W. (2019). Hukum Asuransi di Indonesia. Andalas University Press.

Goretti, M., & Aditya Krisna. (2019). Asuransi Kesehatan (Camelia & D. Hondri S, Eds.; 7th ed.). Otoritas Jasa Keuangan.

Gupta, P. (2016). Essentials of Insurance and Risk Management.

Hlaing, Z. C. (2020). Contract of Indemnity. Contract Of Indemnity, XVI (8), 219–237.

Iriana, N., Purnamasari, I., & Nasution, Y. N. (2020). Penentuan Cadangan Premi Asuransi Jiwa Seumur Hidup Menggunakan Metode Zillmer. Jurnal Matematika Statistika Dan Komputasi, 16(2), 219–225.

Johansson, H. (2013). Causation in Hull Insurance A Comparison of English and Nordic Marine JASM01 Master Thesis Maritime Law.

Kitab Undang Undang Hukum Dagang. (n.d.). Kitab Undang Undang Hukum Dagang (Wetboek van Koophandel voor Indonesie).

Kitab Undang Undang Hukum Perdata.

Marzali, A.-. (2017). Menulis Kajian Literatur. ETNOSIA: Jurnal Etnografi Indonesia, 1(2), 27. https://doi.org/10.31947/etnosia.v1i2.1613

Mulhadi, M., & Harianto, D. (2022). Utmost good faith principle in Indonesian insurance law as a legal reason to harm the insured party. Insurance Markets and Companies, 13(1), 81–89. https://doi.org/10.21511/ins.13(1).2022.07

Nor, M. Z. M., Mahdzir, N., & Mohamad, A. M. (2020). Acceptance of conventional insurance principles as takaful basic principles: Shariah and legal analysis. Journal of Critical Reviews, 7(8), 1550–1553. https://doi.org/10.31838/jcr.07.08.306

Nurlaila. (2016). Analisis Pengakuan Pendapatan Premi Asuransi Jiwa Ditinjau dari Pernyataan Standar Akutansi Keuangan (PSAK) Nomor 36 Pada Ro D’citizen PT Asuransi Takaful Keluarga di Kota Makassar. Jurnal Riset Edisi 1, 1(36), 1–23.

Olivia, O. E., & Chinelo, A. V. (2021). An Appraisal on The Effect Of The Principle Of Utmost Good Faith In Insurance Contracts: A Clear Contrast Between Non Disclosure And Misrepresentation. In NAU.JCPL (Vol. 8, Issue 5).

Redja, G. E., McNamara, M. J., & Rabel, W. H. (2022). Principles of Risk Management and Insurance. In The Journal of Risk and Insurance (Vol. 62, Issue 4). https://doi.org/10.2307/253600

Rene, N. N. (2020). The Doctrine of Indemnity and Fire Insurance Policy in Cameroon A. https://ssrn.com/abstract=3691141

Santri, selvi H. (2018). Pelaksanaan prinsip subrogasi pada asuransi kendaraan bermotor menurut kitab undang-undang hukum dagang. Uir Law Review, 02, 354–369.

Santri, S. H. (2017). Prinsip Utmost Good Faith Dalam Perjanjian Asuransi Kerugian. Jurnal Universitas Islam Riau, 01(01), 77–82.

Sari, K. (2016). Perkembangan Asuransi Kesehatan Swasta di Indonesia Tahun 2012- 2016. Jurnal Ekonomi Kesehatan Indonesia, 2(2), 48–58.

Sarwo, Y. B. (2015). Tinjauan Yuridis Terhadap Kecurangan (Frauds) Dalam Industri Asuransi Kesehatan di Indonesia. Jurnal Kisi Hukum Unika, 14(1), 1–15.

Siti, D. R., Razali, S., Fadhil, A., Mohd, H., & Ii, A. (2021). Remedies For Misrepresentations In Takaful Contract: Current Industry Practice In Malaysia. In Hamdard Islamicus: Vol. XLIV (Issue 3).

Undang Undang Republik Indonesia No. 40, 2014. (2014). UU RI No.40 Tahun 2014 tentang Perasuransian. Www.Ojk.Go.Id, 1–46.

Undang Undang Republik Indonesia Nomor 40 Tahun 2014 Tentang Perasuransian. (n.d.). Retrieved May 16, 2023, from Www.Ojk.Go.Id, 1–46.

Widiarto, S. A. (2020). Pelanggaran Prinsip Utmost Good Faith Dan Waiting Period Pada Asuransi Jiwa (Studi Kasus Putusan No. 138/PDT.G/2012/PN.PDG). Jurnal Ilmu Sosial Dan Pendidikan, 4(4), 166–174.

Published
2023-07-24
How to Cite
Ashri Maunah, N., Sunargo, B., & Puspitaloka Mahadewi, E. (2023). Application Of The Utmost Good Faith Principle In Life Insurance Business Management In Indonesia . International Journal of Science, Technology & Management, 4(4), 924-930. https://doi.org/10.46729/ijstm.v4i4.844
Section
Articles

Most read articles by the same author(s)