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Home / Policy wording / Watercraft Liability Insurance, Basis / A-8.2

A-8.2 Abweichend von A-13.1.4 werden folgende Kosten und Aufwendungen als Leistungen auf die Versicherungssumme angerechnet

From Watercraft Liability Insurance, Basis, AVB WSH Basis (1-2025nam). German law applies to the contract and the German wording alone is binding. This English text is a courtesy so that you can read what you are buying. It is not a contract document. Where the English and the German text differ, the German text decides: read this clause in German.

A-8.2 By way of derogation from 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-8.3 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.

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