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CCQ-1991 - Civil Code of Québec

Section 2483
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2483. Property insurance may be contracted on behalf of whomever it may concern. The clause is valid as insurance for the benefit of the policyholder or as a stipulation for another in favour of the beneficiary of the clause, whether known or potential.
The policyholder alone is liable for payment of the premium to the insurer; any exception that the insurer may set up against him may also be set up against the beneficiary of the contract, whoever he may be.
1991, c. 64, a. 2483; I.N. 2014-05-01.
2483. Property insurance may be contracted on behalf of whomever it may concern. The clause is valid as insurance for the benefit of the policyholder or as a stipulation for a third person in favour of the beneficiary of the clause, whether known or contingent.
The policyholder alone is liable for payment of the premium to the insurer; any exception that the insurer may set up against him may also be set up against the beneficiary of the contract, whoever he may be.
1991, c. 64, a. 2483.
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