Polish insurance law is contained mainly in four statutes:
– the Civil Code;
– the Act on Insurance and Reinsurance Activity
– the Compulsory Insurance Act; and
– the Insurance Intermediation Act.
The Civil Code regulates details of insurance contracts. Art. 805 of the Civil Code provides that a contract of insurance is a contract in which an insurer undertakes – in the course of its business activity – to provide the other party with a benefit (not necessarily pecuniary) if a certain event occurs, in return for a premium. The event has to be independent from both parties.
There are two types of insurance contracts: so-called property insurance and so-called personal insurance. The former comprises insurance contracts concerning property and third-party liability. The latter comprises life insurance, health insurance and personal injury insurance.