Article 929 — Property insurance contract

1. Under the property insurance contract, one party (an insured person) is liable for the contractual fee (an insurance premium) in the event of the contractual event (an insurance case). ) to reimburse the other party (insurer) or other person in favour of whom the contract is concluded (beneficiary), the resulting loss in the insured property or loss 2. Under the property insurance agreement, there may be: in particular, the following property interests are insured: (1) risk of loss (deaths), loss or damage to certain property (art. 930); (2) risk of liability under obligations; arising out of damage to the life, health or property of others and, in cases provided for by law, also liability under contracts, the risk of civil liability (arts. 931 and 93) 2); 3) risk of business loss due to breach of business obligations by business counterparties or modification of the terms and conditions of the business for those independent of the entrepreneur.c :: Business risk, including the risk of loss of expected income (art. 933).