Article R132-5-7 of the French Insurance Code
Where the contracting party has irrevocably opted for the delivery of securities, units or shares pursuant to 2° or 3° of article L. 131-1, and has expressly stated in the contract that this option does not apply to the beneficiary of the contract, he may, at any time, send the beneficiary of the contract, by registered letter or electronic registered mail, a notice informing him of his option to receive…