The insurance contract according to the new Romanian Civil Code

The insurance contract according to the new Romanian Civil Code

Section 1- General provisions

Art. 2199- Definition

Art. 2200- Configuration and evidence

Art. 2201- Insurance policy

Art. 2202- Types of insurance policy

Art. 2203- Notification regarding the risk

Art. 2204- Inaccurate declarations or reticence on the risk

Art. 2205- Lack of insured risk

Art. 2206- Payment of the premiums

Art. 2207- Notification on the normalization of the insured risk

Art. 2208- Payment of the insurance money

Art. 2209- Contract’s termination by notice

Art. 2210- Insurer’s subrogation

Art. 2211- Contract’s opposability

Art. 2212- Insurance’s cession

Art.2213- Application

 

Section 2- Insurance of  Goods

Art. 2214- Definition

Art. 2215- Insurance’s interest(incentive)

Art. 2216- Prevention of the occurence of the insured risk

Art. 2217- Insurance money

Art. 2218- Partial insurance

Art. 2219- Multiple insurance

Art. 2220- Alienation of the insured goods

 

Section 3- Credit and guarantee insurances; insurance of financial losses

Art. 2221- Credit insurances and gurantee insurances

Art. 2222- Insurance of Financial losses

 

Section 4- Liability insurance

Art. 2223- Definition

Art. 2224- Rights of the injured third parties

Art. 2225- Assessment of the insurance money

Art. 2226- Payment of the insurance money

 

Section 5- Personal insurance

Art. 2227- Definition

Art. 2228- Insurance against a risk of a person other than the policyholder

Art.2229- Rescission of the insurance contract

Art. 2230- Beneficiary of the insurance money

Art. 2231- Designation of the beneficiary

Art. 2232- Mutiple beneficiaries

Art. 2233- Occurence of the insured risk due to an intentional act

Art. 2234- Premiums’ reserve

Art. 2235- Revival of the insurance

Art. 2236-Right to the insurance money

Art. 2237- Prescription

Art. 2238- Obligation of notification

 

Section 6- Coinsurance, reinsurance and retrocession

Art. 2239- Coinsurance

Art.2240-Reinsurance

Art. 2241- Retrocession

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