(1) If a period commences on the occurrence of an event or at a point of time falling in the course of a day, then the day on which the event or point of time occurs is not included in the calculation of the period.…
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Article 1916. Continuation of Cover
Termination of the framework contract or cessation of membership on the part of an individual group member shall not have any effect on the insurance relationship between the insurer and the group member.
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Article 1915. Alteration of Terms and Conditions
Alteration of terms and conditions of the framework contract shall only affect the individual insurance contracts if effected in compliance with the requirements of Articles 1901 and 1902, which apply as appropriate.
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Article 1914. Elective Group Insurance: General
(1) Elective group insurance is deemed to be a combination of a framework contract between the insurer and the group organiser and individual insurance contracts concluded within such a framework by the insurer and the group members. (2) The provisions of this paragraph apply to…
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Article 1913. Right to Continue Cover – Group Life Insurance
(1) If an accessory group life insurance is terminated or if the member leaves the group, the cover ends after 3 months from termination or when the group is left, or with the expiry of the contract for group life insurance, whichever is earlier. When…
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Article 1912. Termination by the Insurer
(1) For the purposes of Article 1855, the exercise of the right of termination by the insurer shall only be regarded as reasonable if it is limited to the exclusion from cover of the group member to whom the insured event occurred. (2) For the…
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Article 1911. Information Duties
(1) When a group member joins the group, the group organiser shall without undue delay inform the member about: a) the existence of the insurance contract, b) the extent of cover, c) any precautionary measures and any other requirements for preserving cover, and d) the…
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Article 1910. General Duty of Care of the Group Organiser
(1) In the negotiation and performance of a contract for group insurance, the group organiser shall act dutifully and in good faith taking account of the legitimate interests of the group member. (2) The group organiser shall forward any relevant notices issued by the insurer…
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Article 1909. Scope
(1) Contracts for group insurance are contracts between an insurer and a group organiser for the benefit of group members with a common link to the group organiser. A contract for group insurance may cover also family of the group members. (2) A contract for…
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Article 1908. Conversion Value and Surrender Value
The insurance contract shall state the way the conversion value and/or the surrender value is calculated.