The Urgency of The Principle of Interest In Insurance Agreements

Siti Mariyam(1email)


(1) Faculty of Law, Universitas 17 Agustus 1945 Semarang, Semarang, Indonesia
email Corresponding Author
CrossMark

Abstract


Introduction: This article explores insurance agreements as distinct contracts that facilitate the transfer of risk from the insured to the insurer. It delves into the critical factors ensuring the validity and sustainability of such agreements, emphasizing the role of legal principles in maintaining fairness and stability within the insurance framework.

Purposes of the Research: The study aims to evaluate the urgency of the principle of interest in insurance agreements through a thorough literature review and juridical analysis. It examines how this principle prevents unethical practices like speculation, gambling, and fraud, ensuring that insurance contracts remain equitable and aligned with legal and ethical standards.

Methods of the Research: The research employs a qualitative approach, combining a comprehensive literature review with juridical analysis. It examines legal texts, case studies, and scholarly articles to assess the application of the principle of interest in insurance agreements, focusing on its legal implications and practical effectiveness in the insurance industry.

Results Main Findings of the Research: The findings highlight that the principle of interest serves a dual purpose: protecting insurers from fraudulent claims while fostering trust and integrity across the insurance system. This principle ensures that only legitimate interests are insured, promoting fairness and reducing systemic risks, thus enhancing confidence in insurance as a reliable risk management mechanism.

Keywords


Principle of Interest; Insurance Agreement; Risk.


DOI


10.47268/pamali.v5i2.3034

Published


2025-07-31

How To Cite


APA: Mariyam, S. (2025). The Urgency of The Principle of Interest In Insurance Agreements. PAMALI: Pattimura Magister Law Review, 5(2), 230-243. DOI: https://doi.org/10.47268/pamali.v5i2.3034.
IEEE: S. Mariyam, "The Urgency of The Principle of Interest In Insurance Agreements", Pamali Pattimura Magister Law Rev., vol. 5, no. 2, pp. 230-243, Jul. 2025. Accessed on: Aug. 10, 2025. [Online]. Available DOI: https://doi.org/10.47268/pamali.v5i2.3034
Harvard: Mariyam, S., (2025). "The Urgency of The Principle of Interest In Insurance Agreements". PAMALI: Pattimura Magister Law Review, Volume 5(2), pp. 230-243. [Online]. Available DOI: https://doi.org/10.47268/pamali.v5i2.3034 (Accessed on: 10 August 2025)
Chicago: Mariyam, Siti. "The Urgency of The Principle of Interest In Insurance Agreements." PAMALI: Pattimura Magister Law Review 5, no. 2 (July 31, 2025): 230-243. Accessed August 10, 2025. doi:10.47268/pamali.v5i2.3034
Vancouver: Mariyam S. The Urgency of The Principle of Interest In Insurance Agreements. Pamali Pattimura Magister Law Rev. [Internet]. 2025 Jul 31 [cited 2025 Aug 10];5(2):230-243. Available from: https://doi.org/10.47268/pamali.v5i2.3034
MLA 8th: Mariyam, Siti. "The Urgency of The Principle of Interest In Insurance Agreements." PAMALI: Pattimura Magister Law Review, vol. 5, no. 2, 31 Jul. 2025, pp. 230-243, doi:10.47268/pamali.v5i2.3034. Accessed 10 Aug. 2025.
BibTeX:
@article{pamali3034,
		author = {Siti Mariyam},
		title = {The Urgency of The Principle of Interest In Insurance Agreements},
		journal = {PAMALI: Pattimura Magister Law Review},
		volume = {5},
		number = {2},
		year = {2025},
		keywords = {Principle of Interest; Insurance Agreement; Risk.},
		abstract = {Introduction: This article explores insurance agreements as distinct contracts that facilitate the transfer of risk from the insured to the insurer. It delves into the critical factors ensuring the validity and sustainability of such agreements, emphasizing the role of legal principles in maintaining fairness and stability within the insurance framework.Purposes of the Research: The study aims to evaluate the urgency of the principle of interest in insurance agreements through a thorough literature review and juridical analysis. It examines how this principle prevents unethical practices like speculation, gambling, and fraud, ensuring that insurance contracts remain equitable and aligned with legal and ethical standards.Methods of the Research: The research employs a qualitative approach, combining a comprehensive literature review with juridical analysis. It examines legal texts, case studies, and scholarly articles to assess the application of the principle of interest in insurance agreements, focusing on its legal implications and practical effectiveness in the insurance industry.Results Main Findings of the Research: The findings highlight that the principle of interest serves a dual purpose: protecting insurers from fraudulent claims while fostering trust and integrity across the insurance system. This principle ensures that only legitimate interests are insured, promoting fairness and reducing systemic risks, thus enhancing confidence in insurance as a reliable risk management mechanism.},
				issn = {2775-5649},		pages = {230--243}			doi = {10.47268/pamali.v5i2.3034},
				url = {https://fhukum.unpatti.ac.id/jurnal/pamali/article/view/3034}
		}
		
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1. Title Title of document The Urgency of The Principle of Interest In Insurance Agreements
 
2. Creator Author's name, affiliation, country Siti Mariyam; Faculty of Law, Universitas 17 Agustus 1945 Semarang, Semarang; Indonesia
 
3. Subject Discipline(s)
 
3. Subject Keyword(s) Principle of Interest; Insurance Agreement; Risk.
 
4. Description Abstract Introduction: This article explores insurance agreements as distinct contracts that facilitate the transfer of risk from the insured to the insurer. It delves into the critical factors ensuring the validity and sustainability of such agreements, emphasizing the role of legal principles in maintaining fairness and stability within the insurance framework.Purposes of the Research: The study aims to evaluate the urgency of the principle of interest in insurance agreements through a thorough literature review and juridical analysis. It examines how this principle prevents unethical practices like speculation, gambling, and fraud, ensuring that insurance contracts remain equitable and aligned with legal and ethical standards.Methods of the Research: The research employs a qualitative approach, combining a comprehensive literature review with juridical analysis. It examines legal texts, case studies, and scholarly articles to assess the application of the principle of interest in insurance agreements, focusing on its legal implications and practical effectiveness in the insurance industry.Results Main Findings of the Research: The findings highlight that the principle of interest serves a dual purpose: protecting insurers from fraudulent claims while fostering trust and integrity across the insurance system. This principle ensures that only legitimate interests are insured, promoting fairness and reducing systemic risks, thus enhancing confidence in insurance as a reliable risk management mechanism.
 
5. Publisher Organizing agency, location Postgraduate Program in Law, Pattimura University
 
6. Contributor Sponsor(s)
 
7. Date (YYYY-MM-DD) 2025-07-31
 
8. Type Status & genre Peer-reviewed Article
 
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10. Identifier Uniform Resource Identifier https://fhukum.unpatti.ac.id/jurnal/pamali/article/view/3034
 
10. Identifier Digital Object Identifier 10.47268/pamali.v5i2.3034
 
11. Source Title; vol., no. (year) PAMALI: Pattimura Magister Law Review; Vol 5, No 2 (2025): JULY
 
12. Language English=en en
 
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