3. Extension of coverage
The cover of extraordinary risks will apply to the same persons and be subject to the same sums insured established in the policy for the purposes of insurance against ordinary risks.
With life insurance policies that, pursuant to the terms of the contract and in accordance with the laws regulating private insurance, generate policy reserves, the consortium's cover will refer to the sum insured for each insured, that is, to the difference between the sum insured and the policy reserves that, pursuant to the aforementioned laws, the insurer that issued the policy must establish. The amount of said policy reserves will be paid by the aforementioned insurer.
Procedure for actions in the event of a claim covered by the "Insurance Compensation Consortium"