Article 651-2 of Commercial Act: Effects of Questions in Writing
Article 651-2 (Effects of Questions in Writing) Any fact about which the insurer asks in writing shall be presumed to be material. THE High-quality & Good Contents
Article 651 of Commercial Act: Termination of Contracts due to Breach of Duty of Disclosure
Article 651 (Termination of Contracts due to Breach of Duty of Disclosure)
If, at the time of making an insurance contract, a policyholder or the insured, due to bad faith or gross negligence, failed to disclose or misrepresented material facts, the insurer may terminate the contract within one month after it becomes aware of the non-disclosure or misrepresentation or within three years after the contract was made: Provided, That this shall not apply where at the time of making the insurance contract the insurer knew the non-disclosure or misrepresentation or failed to do so due to gross negligence.
THE High-quality & Good Contents
[Original]
제651조(고지의무 위반으로 인한 계약 해지)
보험계약 당시에 보험계약자 또는 피보험자가 고의 또는 중대한 과실로 인하여 중요한 사항을 고지하지 아니하거나 부실의 고지를 한 때에는 보험자는 그 사실을 안 날로부터 1월 내에, 계약을 체결한 날로부터 3년 내에 한하여 계약을 해지할 수 있다. 그러나 보험자가 계약 당시에 그 사실을 알았거나 중대한 과실로 인하여 알지 못한 때에는 그러하지 아니하다.
THE 수준 높고 좋은 글
[Attorney's Notes] A policyholder or the insured has the same duty to disclose these material facts to the insurer even when he/she demands a reinstatement of a contract of insurance.
If, at the time of making an insurance contract, a policyholder or the insured, due to bad faith or gross negligence, failed to disclose or misrepresented material facts, the insurer may terminate the contract within one month after it becomes aware of the non-disclosure or misrepresentation or within three years after the contract was made: Provided, That this shall not apply where at the time of making the insurance contract the insurer knew the non-disclosure or misrepresentation or failed to do so due to gross negligence.
THE High-quality & Good Contents
[Original]
제651조(고지의무 위반으로 인한 계약 해지)
보험계약 당시에 보험계약자 또는 피보험자가 고의 또는 중대한 과실로 인하여 중요한 사항을 고지하지 아니하거나 부실의 고지를 한 때에는 보험자는 그 사실을 안 날로부터 1월 내에, 계약을 체결한 날로부터 3년 내에 한하여 계약을 해지할 수 있다. 그러나 보험자가 계약 당시에 그 사실을 알았거나 중대한 과실로 인하여 알지 못한 때에는 그러하지 아니하다.
THE 수준 높고 좋은 글
[Attorney's Notes] A policyholder or the insured has the same duty to disclose these material facts to the insurer even when he/she demands a reinstatement of a contract of insurance.
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