Principles of European Insurance Contract Law:Article 5:103 Termination of the Contract

Principles of European Insurance Contract Law

Article 5:103 Termination of the Contract

Geldend

Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.

(1)

On expiry of the period referred to in Article 5:101 (b) or Article 5:102 para. 1(b), without payment of the premium being made, the insurer shall be entitled to terminate the contract by written notice, provided that the invoice required by Article 5:101(b) or the reminder required by Article 5:102 para. 1(b), as the case may be, states the right of the insurer to terminate the contract.

(2)

The contract shall be deemed to be terminated if, as the case may be, the insurer does not bring an action for payment

(a)

of the first premium within two months after expiry of the period mentioned in Article 5:101(b); or

(b)

of a subsequent premium within two months of expiry of the period mentioned in Article 5:102 para. 1(b).

Deze functie is alleen te gebruiken als je bent ingelogd.