The Characteristics of Non Litigation Resolution for Life Insurance Lawsuit in Indonesia
Mokhamad Huda (),
Agus Hernoko () and
Ridwan Khairandy ()
Additional contact information
Mokhamad Huda: Hang Tuah University Faculty of Law Surabaya Indonesia, Postal: ID
Agus Hernoko: Airlangga University Faculty of Law Surabaya Indonesia, Postal: ID
Ridwan Khairandy: Islamic University of Indonesia Faculty of Law Yogyakarta Indonesia, Postal: ID
Journal of Advanced Research in Law and Economics, 2017, vol. 8, issue 8, 2419-2424
Abstract:
This study analyzed the characteristics of non litigation resolution for life insurance lawsuit in Indonesia The result found that the non litigation solution for life insurance lawsuit in Indonesia must be through Department of Mediation and Arbitration of Insurance in Indonesia known as BMAI When the mediation as the legal action from a costumer was objected the lawsuit would proceed to the adjudication When the customer won on this adjudication level the insurance company was then obligated to do some payment as mentioned on the insurance policy Furthermore when the legal action of a customer was objected the customer was then free to do an arbitrage legal action The arbitration was final and had fixed legal power Thus any appeal cassation or judicial review could not be held The solution for life insurance lawsuit through BMAI has several characteristics such as quick in procedures dynamic innovative cheap and low budget In addition the dispute solution through BMAI is confidential quick in time and supported by some experts on related types of lawsuit thus it may result in fair judgment
Date: 2017
References: Add references at CitEc
Citations:
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:srs:jarle0:v:8:y:2017:i:8:p:2419-2424
Access Statistics for this article
Journal of Advanced Research in Law and Economics is currently edited by Madalina Constantinescu
More articles in Journal of Advanced Research in Law and Economics from ASERS Publishing
Bibliographic data for series maintained by Claudiu Popirlan ( this e-mail address is bad, please contact ).