A-7 Losses abroad, Watercraft Liability Insurance, Basis

German law applies to the contract. The German wording of the conditions alone is binding; this translation is provided for understanding only.

A-7.1 Included is your legal liability for insured events occurring abroad in accordance with these conditions.

A-7.1.2 Excluded are claims 1 arising from occupational accidents and occupational illnesses of persons engaged by you abroad or entrusted with carrying out work there. Liability claims against you and against the skipper named in A-1.6 paragraph (1) of these conditions arising from occupational accidents and occupational illnesses subject to the provisions of Book VII of the German Social Code remain included; 2 for compensation of a punitive character, in particular punitive and exemplary damages; 3 under articles 1792 et seq. and 2270, and the associated rights of recourse under article 1147 of the French Code Civil, or equivalent provisions of other countries.

A-7.1.3 By way of derogation from clause A-13.1.4, the following costs and expenses are set off against the sum insured as benefits: 1 judicial and out of court costs of defending against claims; costs in this sense are lawyers', experts', witnesses' and court costs; 2 expenditure to avert or mitigate the loss at or after the occurrence of the insured event, and the costs of investigating the loss, so far as that expenditure or those costs did not arise on the insurer's instructions.

A-7.1.4 The insurer's payments are made in euros. Where the place of payment lies outside the states belonging to the European Monetary Union, the insurer's obligations are deemed fulfilled at the point at which the euro amount is remitted to a financial institution situated in the European Monetary Union.

A-7.1.5 In the event of the provisional seizure of a watercraft in a foreign port, any security or deposit that may be required is exclusively your responsibility.