Article 1887. Financial loss insurance

(1) In financial loss insurance, the object of the insurance is the patrimonial interests of the insured related to the financial losses incurred by the insured as a result of non-performance or improper performance of the contractual obligations by the debtor of the insured.
(2) In financial loss insurance, the insured is the policy holder or another person designated by him.
(3) In financial loss insurance, the non-performance or improper performance of the contractual obligations by the debtor of the insured must not be premeditated.