1)

Without prejudice to the provisions of Clause (2) below, the liquidator shall, within three (3) months from the date of issuance of the liquidation decision, issue the below notices, unless he finds justifiable reasons to exceed such period; provided that the total period does not exceed six (6) months:

a. 

A notice with acknowledgment of receipt to each Insured or Beneficiary of the Insurance Policy of the amount of their rights and obligations.

b. 

A notice of claim with acknowledgment of receipt to each debtor of the amount of his debts and obligations vis-à-vis the Company.

2)

An objection to the notice referred to in Clause (1) above may be filed to the liquidator within (30) days from the date of notification. If no objection is made during such period, the Insured, Beneficiary, or debtor shall be considered to have acknowledged the content of the notice.

3)

The statute of limitation for hearing a lawsuit shall be interrupted by way of the submission of a claim pursuant to the provision of Clause (2) above.

4)

If the claim notice issued by the liquidator to a debtor, pursuant to the provisions of Paragraph (b) of Clause (1), becomes final, the liquidator may make a settlement with the debtor or execute the notice against him under the provisions of the legislation in force in this regard.