Civil Code · English · 2015
Article 2652
Duty of Insurer to Pay Agreed Sum
(1)
When a risk materializes or payment is due under the contract of insurance, the insurer shall pay the agreed sum at the times specified in the policy.
#(2)
The liability of the insurer under the contract of insurance shall not exceed the amount specified in the policy.
#(3)
The insurer is solely responsible for the payment of the agreed sum even if the insurer has entered into a contract of reinsurance with respect to that policy.
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