Article 1822. Insurance Contract

(1) Under an insurance contract a party (the policyholder) undertakes to pay to the other party (the insurer) a premium, and the insurer undertakes to pay the insured, the beneficiary or, as the case may be, to the victim a monetary performance (insurance money or indemnity) on the occurrence of an insured event within the insurance period.
(2) Any contract term which derogates from the provisions of this Chapter to the detriment of the policy holder, insured or beneficiary who is a consumer is void.