When the lender has required the borrower to take out insurance and the borrower has taken out insurance with the insurer of his choice, the insurer shall inform the lender of the borrower’s non-payment of the insurance premium.
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Home | French Legislation Articles | French Consumer Code | New legislative part | Book III: CREDIT | Title I: CREDIT TRANSACTIONS | Chapter II: Consumer credit | Section 7: Performance of the credit agreement | Subsection 3: Default by the borrower | Article L312-37 of the French Consumer Code
When the lender has required the borrower to take out insurance and the borrower has taken out insurance with the insurer of his choice, the insurer shall inform the lender of the borrower’s non-payment of the insurance premium.
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Lorsque la souscription d’une assurance a été exigée par le prêteur et que l’emprunteur a souscrit une assurance auprès de l’assureur de son choix, celui-ci informe le prêteur du non-paiement par l’emprunteur de sa prime d’assurance.
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75001, Paris France
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