2439. In accident or sickness insurance, where an increase of the occupational risk has lasted for six months or more, the insurer may reduce the indemnity provided under the contract to the sum payable for the new risk according to the premium stipulated in the contract.
Where there is a reduction of the occupational risk, the insurer is bound, from receipt of a notice to that effect, to reduce the rate of the premium or to extend the insurance by applying the rate corresponding to the new risk, as the client may elect.
1991, c. 64, a. 2439; I.N. 2015-11-01; 2016, c. 4, s. 269.