Common use of Limitation period Clause in Contracts

Limitation period. The right to payment of the instalments of the premium is limited to two years from the individual due dates (1882 et seq.). The other rights, pursuant to Art. 2952 of the Civil Code, arising from the insurance contract (1882 et seq.) are limited to two years from the day on which the fact occurred on which the right to assistance and/or indemnity is founded. In civil liability insurance, the annual term is effective from the day on which the damaged third party asked the Insured for compensation or moved legal action against him. 13. Amendments to the insurance, special clauses or agreements. Form of the Insured’s notifications

Limitation period. The right to payment of the instalments of the premium is limited to two years from the individual due dates (1882 et seq.). The other rights, pursuant to Art. 2952 of the Civil Code, arising from the insurance contract (1882 et seq.) are limited to two years from the day on which the fact occurred on which the right to assistance and/or indemnity is founded. In civil liability insurance, the annual term is effective from the day on which the damaged third party asked the Insured for compensation or moved legal action against him. 13. Amendments to the insurance, special clauses or agreements. Form of the Insured’s notifications

Limitation period. The right to payment of the instalments of the premium is limited to two years from the individual due dates (1882 et seq.). The other rights, pursuant to Art. 2952 of the Civil Code, arising from the insurance contract (1882 et seq.) are limited to two years from the day on which the fact occurred on which the right to assistance and/or indemnity is founded. In civil liability insurance, the annual term is effective from the day on which the damaged third party asked the Insured for compensation or moved legal action against him. 13. Amendments to the insurance, special clauses or agreements. Form of the Insured’s notificationsnotifications Any amendments to the insurance must be approved in writing. All the notifications that the Insured is required to make must be sent to the company by registered letter with advice of receipt.