French Insurance Code
In forceIn the event of one of the following events:
- change of address ;
- change of marital status ;
- change of marital status
- change of profession ;
- professional retirement or definitive cessation of professional activity,
the insurance contract may be cancelled by either party if it covers risks directly related to the previous situation and which are not covered by the new situation.
The contract may only be cancelled within three months of the date of the event.
Cancellation takes effect one month after the other party to the contract has been notified.
The insurer must reimburse the insured the part of the premium or contribution corresponding to the period during which the risk was not incurred, calculated from the effective date of cancellation.
No indemnity may be paid to the insurer in the above cases of cancellation.
The provisions of this article do not apply to life insurance. They apply from 9 July 1973 to contracts taken out prior to 15 July 1972.
A decree of the Conseil d'Etat shall lay down the conditions for the application of this article, and in particular the date which, for each of the cases listed in the first paragraph, shall be taken as the starting point for the cancellation period.
