Chapter V: Insurance against natural disasters.

The insurance contracts referred to in article L. 125-1 (first paragraph) are deemed to contain clauses that comply with those set out in Annex I to this article. The insurance contracts referred to in article L. 125-1 (second paragraph) are deemed to contain clauses that comply with those set out in Annex II to this article.

Standard clauses applicable to insurance contracts mentioned in article L. 125-1 (first paragraph) of the Insurance Code a) Purpose of cover: The purpose of this insurance is to guarantee the insured financial compensation for direct non-insurable material damage to all property covered by the contract, the determining cause of which was the abnormal intensity of a natural agent, when the usual measures to be taken to prevent this damage could…

Standard clauses applicable to insurance contracts referred to in article L. 125-1 (second paragraph) of the Insurance Code a) Purpose of the cover: The purpose of this insurance is to guarantee the insured the payment of an indemnity corresponding to the loss of gross profit and the additional operating costs resulting, during the indemnity period provided for by the contract, from the interruption or reduction in the activity of its…

The annual rate of the premium or contribution for cover against the effects of natural disasters is set as follows: -contracts covering risks in category 23 of article A. 344-2 : 6% of premiums or contributions for theft and fire cover, or, failing that, 0.5% of premiums or contributions for damage cover; contracts insuring risks falling within category 24 of article A. 344-2: 12% of all premiums or contributions relating…

In municipalities that do not have a plan for the prevention of foreseeable natural risks for the risk concerned, the interministerial order declaring a state of natural disaster as provided for in article L. 125-1 specifies the number of declarations of a state of natural disaster that have occurred for the same risk over the five years preceding the date of the new declaration.

With regard to cover against the risk of natural catastrophes, the amount of the fee allocated to persons authorised to offer insurance may not exceed 8% of the amount of the premium or contribution, net of all accessories and taxes relating to this cover. However, this fee does not exclude a management commission, calculated on the basis of the work actually carried out to investigate or settle each claim.