Principles of European Insurance Contract Law:Article 2:604 Termination after the Occurrence of an Insured Event

Principles of European Insurance Contract Law

Article 2:604 Termination after the Occurrence of an Insured Event

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)

A clause providing for termination of the contract after an insured event has occurred shall not be valid unless

(a)

it grants the right to terminate to both parties and

(b)

the policy is not one of personal insurance.

(2)

Both the provision for termination and the exercise of any right to terminate must be reasonable.

(3)

Any right to terminate shall expire if the party in question has not given written notice of termination to the other party within two months after becoming aware of the insured event.

(4)

The insurance cover shall terminate two weeks after notice in accordance with para. 3.

Deze functie is alleen te gebruiken als je bent ingelogd.