{"schemaVersion":1,"recordType":"legal-article","id":"law:eri:code:civil:2015:article:2682","workId":"law:eri:code:civil:2015","expressionId":"law:eri:code:civil:2015:en","title":"Definition","number":"2682","language":"en","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2682/","hierarchy":{"book":"BOOK VI - SPECIAL CONTRACTS","title":"TITLE V- ALEATORY CONTRACTS","chapter":"Chapter 2. - Insurance","section":"Section 4. - Insurance of Persons","paragraph":"Paragraph 2. - Life Insurance"},"paragraphs":[{"id":"p1","number":"1","text":"A contract of life insurance is a contract by which the insurer undertakes against payment of one or more premiums to pay to the subscriber or a beneficiary a specified capital or life interest:","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2682/#p1","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":740,"url":"https://eriatlas.com/sources/civil-code-2015/page/740/?article=2682&paragraph=p1#article-2682-p1"}]},{"id":"p1a","number":"a","parentId":"p1","text":"if the insured person is alive at a date fixed in the policy, or","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2682/#p1a","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":740,"url":"https://eriatlas.com/sources/civil-code-2015/page/740/?article=2682&paragraph=p1a#article-2682-p1a"}]},{"id":"p1b","number":"b","parentId":"p1","text":"if the insured person dies.","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2682/#p1b","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":740,"url":"https://eriatlas.com/sources/civil-code-2015/page/740/?article=2682&paragraph=p1b#article-2682-p1b"}]},{"id":"p2","number":"2","text":"An insurer may issue a combined policy in which he undertakes to pay under both paragraphs (a) and (b) of sub-Article (1).","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2682/#p2","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":740,"url":"https://eriatlas.com/sources/civil-code-2015/page/740/?article=2682&paragraph=p2#article-2682-p2"}]},{"id":"p3","number":"3","text":"Except as otherwise provided in Chapter 1 of this Title regarding “Annuities,” the provisions of this Chapter on life insurance govern life or fixed-term annuities issued by insurers.","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2682/#p3","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":740,"url":"https://eriatlas.com/sources/civil-code-2015/page/740/?article=2682&paragraph=p3#article-2682-p3"}]}],"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."}