Einde inhoudsopgave
Principles of European Insurance Contract Law
Article 5:101 First or Single Premium
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
When the insurer makes payment of the first or single premium a condition of formation of the contract or of the beginning of cover, that condition shall be without effect unless
- (a)
the condition is communicated to the applicant in writing using clear language and warning the applicant that he lacks cover until the premium is paid, and
- (b)
a period of two weeks has expired after receipt of an invoice which complies with requirement (a) without payment having been made.