Print Time:2021/10/23 01:39

Chapter Law Content

Title: Insurance Act CH
Category: Financial Supervisory Commission(金融監督管理委員會)
Chapter II. Insurance Contracts
Section 3. Special Provisions
Article 66
(Special Provisions)
A special provision is a provision whereby the parties represent and warrant performance of a special obligation apart from the basic provisions of the insurance contract.
Article 67
(Matters of a Special Provision)
All matters, whether past, present, or future, that relate to an insurance contract may be stipulated by a special provision.
Article 68
(Effectiveness for Breaching a Special Provision)
When a party to an insurance contract breaches a special provision, the other party may rescind the contract. The same rule also applies after the risk has occurred.
The provisions of Article 64, paragraph 3 apply mutatis mutandis to the circumstances in the preceding paragraph.
Article 69
(Effectiveness of any Special Provision Relating to Future Matters)
With regard to any special provision relating to a future matter, if the related risk has already occurred before the time for performance of the provision has commenced, or performance of the provision is impossible, or the provision has not been performed because it is illegal in the place where the contract was entered into, the insurance contract does not for that reason become void.
Web site:Laws & Regulations Database of The Republic of China