Regulations on the deductible and the responsibility limit by nature damage insurance.
Date of 1989-12-15-1335 Ministry of Justice and emergency Ministry published in 1989 1287 01.07.1990 FOR entry into force last modified-2006-01-26-84 from 01.02.2006 Change applies to Norway Pursuant law-1989-06-16-70-section 3, FOR-1989-12-15-1241 Announced short title regulations on the deductible, the nature of damage insurance established by the Ministry of Justice and the police 15. December 1989 with authorization in law 16. June 1989 Nr. 70 on the nature of damage insurance section 3 first and second paragraph, cf. URkgl.res. December 15, 1989, Nr. 1241. Amended by regulations 7 Oct 1991 No. 706, 18 jan 1993 No. 32, 12 Dec 1993 No. 1183, 11 Oct. 1996 Nr. 975, 7 des 1999 Nr. 1317, 23 jan 2001 No. 51, 4 Dec 2003 Nr. 1452, 11 feb 2005 Nr. 125, 26 jan 2006 Nr. 84. section 1. The captive carry for each natural event that damage is covered under nature damage insurance by law 16. June 1989 Nr. 70 on the nature of damage insurance, a deductible on 8,000 kroner.
§ 2. Insurance companies ' aggregate liability by a single natural disaster will be limited to 12.5 billion.
§ 3. The regulation will take effect 1. July 1990. From the same time repealed regulations about the raising of the limit of responsibility for insurance contract law section 81 c the second paragraph, as determined by the Ministry of Justice and the police 26. January 1988 No. 142.
