French Insurance Code
In forceContracts covered by this section are governed by article L. 141-1 and may be taken out by an association covered by article L. 141-7 , whose members are :
1° Either exclusively persons who are self-employed non-agricultural workers or who have been self-employed non-agricultural workers and are receiving an old-age pension in this respect, subject to the provisions of article L. 615-4 of the Social Security Code;
2° Or exclusively farm managers, their spouses and their family assistants, provided that they are covered by the basic old-age insurance scheme set up by Chapter II of Title II of Book VII of the Rural and Maritime Fishing Code and that they can prove that their situation with regard to this scheme is in order.
The purpose of these contracts is the acquisition and enjoyment of personal lifetime rights payable to the member from the earliest of the date of liquidation of his pension under an old age insurance scheme or the age set in application ofarticle L. 351-1 of the Social Security Code or, for the contracts mentioned in 1° of this article, the payment of supplementary provident benefits or compensation in the event of sudden loss of employment. The payment of premiums or contributions due under the contracts must be regular in amount and frequency and may be fully combined with a professional activity, under the conditions set out in Article L. 161-22 of the Social Security Code.
