French Insurance Code
In forceFor the purposes of Article L. 126-1, full compensation for personal injury is provided through the Fonds de garantie des victimes des actes de terrorisme et d'autres infractions (Guarantee Fund for Victims of Terrorism and Other Offences).
This fund, which has civil status, is financed by a levy on property insurance contracts under the following conditions.
This levy is based on the premiums or contributions for property insurance contracts covering property located on French territory and falling under classes 3 to 9 of article R. 321-1, as amended on the date of publication of the amending finance law 2013-1279 of 29 December 2013, and taken out with a company mentioned in article L. 310-2.
The amount of the contribution, ranging from €0 to €6.50, is set by order of the Minister responsible for insurance.
This contribution is collected by insurance companies in accordance with the same rules and subject to the same guarantees and penalties as the tax on insurance contracts provided for in article 991 of the General Tax Code. It is collected monthly by the guarantee fund.
It is subrogated to the victim's rights against the person responsible for the damage.
The fund is also supplied by the payments provided for in II of article 728-1 of the code of criminal procedure. When these payments are made, the victim is then directly compensated by the fund up to the amount, if any, of the payments made and, up to the amount of these payments, the penultimate paragraph of this article does not apply.
