An insurance policy for the provision of children – a case study

This study attempts to conduct an economic and legal analysis in relation to a child provision insurance contract. The amount of the benefit arising therefrom has become the subject of a dispute between the beneficiary and the insurer. The considerations below, concerning a specific, but still not uncommon category of dowry insurance contracts concluded before the political changes, have broader references. The methods used therein can be successfully applied to other cases of decision-making in matters involving economic and legal issues. Within governance processes, these situations are extremely common. The economic policy measures aimed at making the value of money more realistic, which were carried out at the beginning of the Polish system transformation, must also have resulted in the need to recalculate the value of liabilities expressed in money. The disregard by the participants of economic life for the value of individual obligation relations expressed in money, which in the past could take place due to the strong and widespread nature of the state’s presence in the economic sphere, changed. Its expression was a court-conditioned departure from the principle of nominalism in favour of the application in certain cases of the valorisation of benefits arising from the above-mentioned obligations. The present work is devoted to establishing criteria on the basis of which mutually acceptable valorisation principles can be defined. The objective we set ourselves was to develop the basic premises of the valorisation mechanism.