{"schemaVersion":1,"recordType":"legal-article","id":"law:eri:code:civil:2015:article:2653","workId":"law:eri:code:civil:2015","expressionId":"law:eri:code:civil:2015:en","title":"Payment of Premiums","number":"2653","language":"en","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2653/","hierarchy":{"book":"BOOK VI - SPECIAL CONTRACTS","title":"TITLE V- ALEATORY CONTRACTS","chapter":"Chapter 2. - Insurance","section":"Section 2. - Provisions Applicable to all Forms of Insurance","paragraph":"Paragraph 3. - Rights and Duties of the Parties"},"paragraphs":[{"id":"p1","number":"1","text":"The insured shall pay the agreed premium at the time specified in the policy.","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2653/#p1","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":731,"url":"https://eriatlas.com/sources/civil-code-2015/page/731/?article=2653&paragraph=p1#article-2653-p1"}]},{"id":"p2","number":"2","text":"Notwithstanding any provision to the contrary, the policy shall not terminate as of right when the premium is not paid in due time. The insurer shall demand payment.","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2653/#p2","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":731,"url":"https://eriatlas.com/sources/civil-code-2015/page/731/?article=2653&paragraph=p2#article-2653-p2"}]},{"id":"p3","number":"3","text":"Notwithstanding any provision to the contrary, the policy shall be suspended after one month from a demand under sub-Article (2) where the premium is not paid.","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2653/#p3","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":732,"url":"https://eriatlas.com/sources/civil-code-2015/page/732/?article=2653&paragraph=p3#article-2653-p3"}]},{"id":"p4","number":"4","text":"Where the period of one month has expired, the insurer may claim payment of the premium or require the termination of the policy.","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2653/#p4","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":732,"url":"https://eriatlas.com/sources/civil-code-2015/page/732/?article=2653&paragraph=p4#article-2653-p4"}]},{"id":"p5","number":"5","text":"Where the premium is paid, the policy shall re-enter into force on the day of payment.","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2653/#p5","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":732,"url":"https://eriatlas.com/sources/civil-code-2015/page/732/?article=2653&paragraph=p5#article-2653-p5"}]},{"id":"p6","number":"6","text":"The provisions of this Article shall not apply to life insurance.","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2653/#p6","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":732,"url":"https://eriatlas.com/sources/civil-code-2015/page/732/?article=2653&paragraph=p6#article-2653-p6"}]}],"caution":"This is the 2015 English-language edition attributed in its front matter to the Ministry of Justice. Eri Atlas has not independently verified the translation, later changes, or whether the text is currently in force. Nine passages are incomplete in the available scan and are identified where they occur."}