Article 2657

Except as provided in sub-Article (2) and (3), any claim arising out of a contract of insurance shall be barred after two years from the day when the insured risk materialized.

In case of concealment of facts or false statements, the period of prescription shall run from the day when the insurer learned about the concealment or false statement.

In case of a claim, the period of shall run from the day when the claimant learned the insured risk had materialized if the claimant proves the date on which he learned about the claim.

The policy may not provide for shorter periods than those provided in this Article.