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Insurance guarantees on the international plane and its applications (Comparative study) | ||
| Risalat al-huquq Journal | ||
| Article 1, Volume 7, Issue 1, 2015, Pages 364-381 PDF (0 K) | ||
| Author | ||
| hasnen maki jodi | ||
| Abstract | ||
| The civil aviation legislation, including the law of the Iraqi Civil Aviation approved for the aircraft to replace investor insurance guarantees on the plane in the event of not being able to insure the insurance companies. These safeguards are depositing cash deposit with the state treasury where the aircraft is registered or licensed bank to do so or to provide guarantee of a bank authorized to do so or to provide state registration of the aircraft to ensure the condition of the dispute over sponsorship. These safeguards are applied what brought him the Rome Convention of 1952, which states must acceding commitment to these guarantees and therefore the investor can once available has guarantees and before conclusion of the insurance contract, that makes the plane involved in the aerial activity can not state airport arrival to protest the lack of an insurance contract on the plane because of these guarantees have decided by law. The State may determine the adequacy of these guarantees in terms of insurance compensation that ensue as a result of aviation accidents. | ||
| Keywords | ||
| Law; Investor plane; Safeguards; agreement | ||
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