Some features of the conclusion of a personal life insurance contract

The article analyzes the features of the conclusion of a personal life insurance contract, which are relevant both for the theory and for the practice of civil legal relations in the field of insurance. Purpose: to investigate the problems of concluding a personal life insurance contract and propose solutions. In the course of the study, various points of view regarding the concepts of "personal insurance" and "life insurance", as well as essential conditions for concluding a personal life insurance contract, were analyzed. Proposals have been formulated to include among the essential conditions of the personal insurance contract the following conditions: the price of the contract (insurance premium) and the procedure and timing of its payment in cases where the contract does not specify the time of its entry into force. The introduction of these additions will ensure the financial stability of the insurer and contribute to the exercise of the rights of the policyholder and the actions of insurance protection.