Issue 1402: “Insurance” is a contract between the insurer (an insurance company) and the insured (a company, institution, or an individual) who accepts this contract, and like other contracts it involves offer and acceptance, and all conditions concerning the sides of the contract and the contract itself apply in these contracts as in other contracts, and they can be concluded in any language.

Q1403: In a majority of instances, the insured does not get anything in return for the money that they leave with the insurance company; while this is the case, will the insurance contract be valid? Is it not a case of making illegal money?

A: These are new types of contract and are subject to the applicability of “remain faithful to your promises” and also “commerce should be done with consent”. Therefore, such contracts are not void.

Q1404: With regard to the fact that having the right to act upon one's free will is a necessary condition for validity of a contract, what is the ruling on obligatory insurance fees which the government forces the insured parties in the name of protecting and maintaining social order?

A: This obligation is not of the kind that would nullify a contract; moreover, in some cases, such obligations do not cause a deprivation of liberties.

Q1405: What is the verdict on some people's using others’ insurance booklets for both the owner and the borrower?

A: They both have committed an illegal act and will be liable.