Perfect Insurer's Obligation of Explicit Explanation: A Legal Perspective

Explicit explanation,a statutory obligation of the insurer,is not clearly elucidated as to its scope,manner,extent or criteria,which inevitably leads to debate in logic and dilemma in praxis as to decision of its fulfillment.The premise to crack the hard nut is to define rationally the obligation avoiding in law while avoiding one-sided stress that may leads to bias protection.Further,criteria concerning the scope and extent of realization of the obligation must be laid down on the basis of balancing the interests of related parties.Thus,sustainable developments can be achieved in insurance industry.