Brokerfish

Applicable Law for International Private Medical Insurance (IPMI)

Applicable Law for IPMI

In the context of International Private Medical Insurance (IPMI), “Applicable Law” refers to the legal system or jurisdiction that governs the policy and any disputes arising from it. This includes the interpretation of policy terms, settlement of claims, and resolution of any disputes between the policyholder and the insurance company. The applicable law is usually specified in the policy terms and conditions and may be determined by factors such as the location of the policyholder, the insurance company, or the location where the policy was purchased. It is important to understand the applicable law as it can have a significant impact on the policyholder’s rights and obligations under the policy.