French Insurance Code

I. – The professional bodies mentioned in article L. 132-9-2 are the Fédération française de l’assurance and the Centre technique des institutions de prévoyance. II – Within a period of fifteen full calendar days from receipt of the request mentioned in the first paragraph of article L. 132-9-2, sent by a natural or legal person or forwarded by another professional body mentioned in I or by another professional body authorised…

I.-Where the contract expressly states that the option referred to in 2° of article L. 131-1 does not apply to the beneficiary, the notice sent by the contracting party to the beneficiary informing him of his right to irrevocably opt for the delivery of securities, units or shares under the conditions set out in article R. 132-5-7 includes the following information: a) The name and address of the contracting party…

The option for a beneficiary to elect to receive securities, units or shares under the conditions set out in article R. 132-5-7 is exercised by notifying the insurer of the option, to which is attached the notice sent by the contracting party and which includes the following information: a) The name and address of the beneficiary ; b) The contract reference ; c) The date of receipt of the notice…

I.-The report on the application of articles L. 132-9-2 and L. 132-9-3 provided for in article L. 132-9-3-1 is published annually on the insurance undertaking’s website or on any other durable medium within 90 working days of 1 January of each year. The description of the steps taken, including the resources deployed, during the previous year to deal with outstanding life insurance policies includes the following information, as at 31…

Table 1: NUMBER OF CONTRACTS having given rise to investigation/search by the insurance company NUMBER OF INSURED PERSONS centenarians not deceased, including those for whom there is a presumption of death ANNUAL AMOUNT (all technical provisions combined) of contracts for policyholders centenarians not deceased NUMBER of contracts closed by the insurance company ANNUAL AMOUNT of contracts closed with no further action by the insurance company Year N Table 2: YEAR…

The annual report provided for in Article L. 132-9-3-1 includes the following information (all technical provisions combined, expressed in the form of a theoretical mathematical provision for point-based schemes), as at 31 December of the previous year: 1° Amount of unpaid death benefits under life insurance contracts other than compulsory group contracts taken out within the company for more than one year from the date of knowledge of the death…

SITUATION at 31 December N Total amount expressed in millions of euros (€M) SITUATION at 31 December N expressed in number of contracts concerned GLOBAL AMOUNT paid to beneficiaries or transferred to CDC at 31 December N out of the stock identified at 31 December N-1 in millions of euros and as a percentage TOTAL NUMBER of contracts paid to beneficiaries or transferred to CDC at 31 December N out…

The report published by the professional bodies provided for in article L. 132-9-4 includes the following information as at 31 December of the previous year: 1° Number of applications by potential beneficiaries of a life insurance policy under the scheme provided for in article L. 132-9-2 ; 2° Annual amount (including all technical provisions) and number of contracts for which the policyholder has been identified as deceased under the scheme…

YEAR NUMBER of requests by potential beneficiaries which enabled the insurer to identify the death (article L. 132-9-2) TOTAL AMOUNT and number of contracts for which the policyholder has been identified as deceased (article L. 132-9-2) AMOUNT of capital paid out/number of contracts paid out (article L. 132-9-2) NUMBER of policyholders identified as deceased and number of policies with a policyholder identified as deceased following consultations under article L. 132-9-3…