Article 1892. Assignment or Encumbrance

(1) Where a beneficiary has been irrevocably designated, an assignment of or encumbrance on the insurance contract or the right to the insurance money by the policyholder shall be without effect unless the beneficiary has consented in writing.
(2) An assignment of or encumbrance on the right to the insurance money by a beneficiary shall be without effect unless the policyholder has consented in writing.