Title IV: Special provisions for general insurance agents

Contracts between insurance undertakings and their tied agents, which do not specify a duration, may always be terminated at the will of one of the contracting parties. Nevertheless, termination of the contract by one of the contracting parties may give rise to damages which are fixed in accordance witharticle 1780 of the Civil Code. The parties may not waive in advance any right to claim damages under the above provisions.

After being negotiated and drawn up by the professional organisations concerned, the status of general insurance agents and any amendments thereto are approved by decree.