(1) In the event of an undertaking established in the State being wound up, commitments arising from contracts underwritten in the course of carrying on insurance business by way of services shall be met in the same way as those arising under that undertaking's other insurance contracts, without distinction of nationality, as far as the insured and the beneficiaries are concerned.
(2) Where an undertaking carries on insurance business by way of services for risks other than large risks, the undertaking shall inform the policyholder before any commitment is entered into of the member State where the establishment is situated through which the insurance cover is to be granted, which information shall also be included on any document issued to the policyholder.
(3) The contract of insurance or other document granting insurance cover together with the insurance proposal shall specify the address of the establishment granting cover by way of services and the address of the head office