Legal articles to remember for the BTS insurance

Earn points easily with the BTS Assurance thanks to legal articles!

How to read legal articles of the Insurance Code?

The articles of the Insurance Code are structured to help avoid getting lost, and this structure allows you to determine which field the article pertains to. I took the example of Article L113-1.

What are the different parts of the Insurance Code?

Within the Insurance Code, we can find 4 parts:

• Legislative
• Regulatory
• Decrees
• Appendices

What are the different books of the Insurance Code?

As well as 5 books:

• The insurance contract (1);
• Mandatory insurances (2);
• Businesses (3);
• The organization (4);
• Specific insurance schemes as well as insurance intermediaries and capitalization (5).

Which legal articles are crucial to remember?

Now, let’s focus on the articles you should remember to maximize your points during the BTS Assurance. Sometimes, a simple code number can be worth 1 point, so do not neglect this learning to earn as many points as possible and achieve a good grade.

L112-2: the insurer is required to provide an information and advice sheet

L112-3: any modification of the insurance contract must be recorded by an addendum signed by both parties.

L112-4: an insurance policy must include:

• The names and addresses of the contracting parties;
• The insured item or person;
• The nature of the risks covered;
• The time from when the coverage begins and the duration of this coverage;
• The amount of this coverage;
• The premium or contribution of the insurance.

Additionally, the policy indicates:

• The law applicable to the contract if it is not French law;
• The address of the insurer’s registered office, and where applicable, the branch providing coverage;
• The names and addresses of the authorities responsible for supervising the insurance company providing coverage.

Clauses in policies that establish nullities, cancellations, or exclusions are only valid if they are explicitly mentioned in very prominent characters.

L113-1: Damages caused by fortuitous events or by the fault of the insured are covered by the insurer except for explicit exclusions stated in the policy. Conversely, the insurer is not liable for the intentional or fraudulent fault of the insured.

L113-2: all insurance contracts (except the first paragraph for life insurance), claims management

The insured has the obligation:

• To answer accurately the questions asked by the insurer, especially on the risk declaration form through which the insurer questions them during the conclusion of the contract, regarding circumstances that could influence the insurer’s assessment of the risks they undertake;

• To pay the premium or contribution at the agreed times;

• To declare, during the contract, new circumstances that result in either an increase in risks or the creation of new risks, making previous answers to the insurer inaccurate or void. The insured must, by registered letter or electronic registered mail, declare these circumstances to the insurer within fifteen days of becoming aware of them;

• To notify the insurer immediately, and at the latest within the period specified in the contract, of any claim likely to trigger the insurer’s coverage. This period cannot be less than five working days. It is reduced to two working days in case of theft and to twenty-four hours in case of livestock mortality. Delay in declaration exposes the insured to cancellation.

L113-3: all contracts except life insurance

Non-payment of premium: following the 10-30-10 rule.

L113-8: nullity of the contract when the insured provides false declarations increasing the risk

L113-9: increase in premium if the insurer discovers the false declaration before the claim.

Or proportional reduction of the premium when the false declaration is discovered after the claim.

L113-12: provides that the insurer has the right to terminate the insurance contract within 10 days following the occurrence of a claim, provided that the insured risk has not been intentionally increased. This provision allows the insurer to cancel the contract if they consider the risk to have become too significant to cover.

L113-16: in case of the occurrence of any of the following changes:

• Address domicile;
• Marital status;
• Matrimonial regime;
• Profession;
• Retirement or permanent cessation of professional activity,

Indemnity Principle

L121-1: indemnity principle

The compensation cannot exceed the amount of damages.

L121-4: explanation of the calculation for the stacking of insurances

L121-10: in case of death, insurance automatically continues for the benefit of heirs or the purchaser

L124-5: subsequent guarantee of 5 years: coverage period

L132-1: a person’s life can be insured by themselves or by a third party.

L132-5: the life insurance or capitalization contract must include clauses ensuring the safety of the parties and clarity of the contract.

L132-5-1: the insured can withdraw up to 30 days after signing the life or capitalization contract.

L132-5-2: the insurer provides to the insured. (course on life insurance)

– an information sheet on withdrawal conditions — an information sheet on the essential provisions of the contract.

L132-7: Death contracts do not cover suicide in the first year of the contract. It covers suicide starting from the second year.

L132-8: the choice of the beneficiary.

L132-11: if no beneficiary has been designated, the life insurance will be part of the subscriber’s estate

L132-13: the capital payable to the beneficiary is not subject to inheritance tax rates and reserved rights of heirs.

L132-22: the insurer must communicate each year:

• The amount of the contract
• The amount of guaranteed capital
• The premium of the contract
• The return of the contract
• The value of the contract in UC

I hope this article will help you include more legal articles in your future assessments!

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Taking private law courses as part of a BTS Insurance

If you are studying for a BTS Insurance, it is important for you to understand legal concepts well. You have seen some information that will be very useful in better understanding the articles of the Insurance Code, and it is important for you to continue learning about certain legal intricacies since you will encounter them every day in the insurance world. It is therefore crucial that the law is not foreign to you if you want to be comfortable with insurance matters.

For this purpose, know that you can take private law tutoring. These teachings will be very helpful as you will acquire concepts that will be useful in your profession but also in daily life. We recommend that you visit the previous website since it is a platform where you can find a private tutor. By visiting this site, you will have the opportunity to perform a personalized search and thus find your future teacher!