LOANS, GUARANTEES AND FINANCIAL LOSS INSURANCE
LOANS, GUARANTEES AND FINANCIAL LOSS INSURANCE

Summary/Abstract: There are several types of insurance regulated in the Civil Code, each of them having its particularities that distinguish them from the others, but their purpose is a common one - that of protecting the insured.Through this paper we have proposed to establish an efficient delimitation of credit insurance in relation to other types of insurances, trying to nuance its main characters. Credit insurance is an important optional insurance, which aims to cover the risks of general insolvency, export credit, sale with payment of installments, mortgage and agricultural credit.The particularities of the credit insurance are given by the way of carrying out the lending activity carried out by various banking and non-banking institutions, particularities highlighted by some aspects of judicial practice brought into discussion in the paper. The final conclusion is that credit insurance contributes to the development of the national economy, and the measures to prevent damages compensate for the damages that occur, protect and combine the general interests with the personal ones.

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