Einde inhoudsopgave
Principles of European Insurance Contract Law
Article 2:603 Alteration of Terms and Conditions
Geldend
Geldend vanaf 01-11-2015
- Bronpublicatie:
01-11-2015, Internet 2015, www.uibk.ac.at (uitgifte: 01-11-2015, kamerstukken/regelingnummer: -)
- Inwerkingtreding
01-11-2015
- Bronpublicatie inwerkingtreding:
01-11-2015, Internet 2015, www.uibk.ac.at (uitgifte: 01-11-2015, kamerstukken/regelingnummer: -)
- Vakgebied(en)
Internationaal privaatrecht / Algemeen
Verzekeringsrecht / Bijzondere onderwerpen
(1)
In an insurance contract liable to prolongation under Article 2:602, a clause which allows the insurer to alter the premium or any other term or condition of the contract shall be invalid unless the clause provides that
- (a)
any alteration shall not take effect before the next prolongation,
- (b)
the insurer shall send written notice of alteration to the policyholder no later than one month before the expiry of the current contract period, and
- (c)
the notice shall inform the policyholder about his right of termination and the consequences if the right is not exercised.
(2)
Para. 1 shall apply without prejudice to other requirements for the validity of alteration clauses.