Arrêté grand-ducal du 28 juin 1930 portant création d'un service spécial près de la Caisse d'Epargne et du Crédit foncier de l'Etat pour les opérations d'assurances à faire en vertu de l'art. 19 de la loi du 16 juin 1930, sur la réorganisation du Crédit Foncier de l'Etat.

AI-assisted research summary: This preamble states that a grand-ducal order creates a special service near the State Savings Bank and Credit Foncier for insurance operations.

AI-assisted research summary: La Caisse d'épargne doit créer un service spécial appelé «Caisse d'Assurances» pour les opérations d'assurances qu'elle est autorisée à faire, et cette activité doit avoir une comptabilité séparée.

AI-assisted research summary: The Caisse d'assurances’ profit-and-loss account is settled annually from its reserve fund; if that is not enough, the Caisse d'épargne reserve fund must cover the shortfall by advances repayable later by the Caisse d'assurances.

AI-assisted research summary: Les emprunteurs doivent souscrire des polices pour garantir le solde restant dû de certains prêts remboursables par annuités.

AI-assisted research summary: The proposer and beneficiary must sign a declaration, include specified personal and insurance details, and provide any information needed for the insurance fund to assess risk.

AI-assisted research summary: The insurance fund may accept or refuse insurance based on the application and medical declarations, and if it refuses, it does not have to explain its decision.

AI-assisted research summary: The beneficiary pays the premium for the insured at settlement, by deduction from the loan amount. The contract starts on the first day of the month in which the premium is paid.

AI-assisted research summary: The contract may not be transferred, assigned to a third party, or pledged without the beneficiary’s prior authorization.

AI-assisted research summary: L’assurance peut être résiliée à la demande de l’assuré et du bénéficiaire; dans ce cas, la Caisse d’assurances doit rembourser la réserve complète.

AI-assisted research summary: En cas de remboursement anticipé total, l’assuré peut garder l’assurance. En cas de remboursement anticipé partiel, il doit la garder en entier.

AI-assisted research summary: If the insured person is or becomes military, the insurance fund covers military-service and public-order defense risks in peacetime, and it reimburses the surrender value if death is caused by war.

AI-assisted research summary: Le directeur de la Caisse d'épargne doit être averti de tout déplacement de l'assuré hors d'Europe; dans ce cas, le conseil d'administration peut décider la résiliation du contrat.

AI-assisted research summary: An insurance contract becomes void by law if there were material false statements or omissions, if the insured dies from conscious suicide unless the policy is at least three years old, or if Article 9 was not complied with.

AI-assisted research summary: When the insured dies, documents must be submitted to the insurance fund for contract liquidation.

AI-assisted research summary: On death, the insured capital must be paid within 20 days after the required documents are received, and it is increased by policy interest for the period from the start of the current insurance year until the day of death.

AI-assisted research summary: Disputes between parties about insurance contracts are to be judged by Luxembourg courts.

AI-assisted research summary: The tariffs used to calculate insurance premiums are listed in the annexed tables.

AI-assisted research summary: The Director General of Finance and Social Welfare is responsible for carrying out this order.