Intermediaries or insurance undertakings are deemed to comply with the obligations defined in I of Article L. 521-1, Article L. 522-1 or Article L. 522-2 when they pay or receive a fee or commission, or provide or receive a non-monetary benefit in connection with the distribution of a contract referred to in Article L. 522-1, to or by any party other than the policyholder or member or the person acting…
I.-Prior to taking out or subscribing to a contract as referred to in article L. 522-1, the intermediary or the insurance or capitalisation undertaking shall specify in writing the requirements and needs expressed by the potential subscriber, as well as the reasons justifying the appropriateness of the proposed contract. He or she shall provide objective information on the proposed insurance product in a comprehensible, accurate and non-misleading form to enable…
Where an intermediary or an insurance undertaking has informed the policyholder or subscriber that it will carry out a periodic assessment of the suitability of the recommended investment products, this assessment will include an updated statement on how the insurance-based investment meets the preferences, objectives and other characteristics of the policyholder or subscriber. Where the policyholder or subscriber does not provide the information referred to in article L. 522-5, the…
A decree in the Conseil d’Etat shall specify the terms and conditions for the application of this section.
Uninsured persons who have made payments to a broker or brokerage company registered in the register referred to in article L. 512-1 in respect of contracts which are the subject of an apparent commitment on the part of one of the undertakings referred to in article L. 310-1, will be guaranteed by the said undertaking when the civil liability insurance of the broker or brokerage company which received these payments…
A decree of the Conseil d’Etat shall determine the conditions of application of this chapter and the additional measures necessary to guarantee the protection of insured persons.
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.
For the purposes of I of Article L. 512-1, agents who are not general insurance agents, who carry out their activity in the name and on behalf of an insurance undertaking and under its full responsibility, and who do not receive either premiums or sums intended for customers, may be registered on the intermediaries’ register by the undertaking which appoints them. This company is responsible for verifying that the intermediary…
This Book is applicable to Mayotte under the following conditions: 1° References made by provisions of this Code to other Articles of the same Code only concern Articles applicable to Mayotte where applicable, with the adaptations provided for in this Title; 2° In the absence of adaptation, references made by provisions of this Code applicable to Mayotte to provisions which are not applicable there are replaced by references to provisions…
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is a Registered Trademark of
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75001, Paris France
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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