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B-2.3 Failed direct debit collection, Watercraft Liability Insurance, Basis
Clause B-2.3, Failed direct debit collection, from Watercraft Liability Insurance, Basis, AVB WSH Basis (1-2025nam).
German law applies; only the German wording is binding.
This English text is a courtesy so you can read what you buy, not a contract document.
Where the two differ, the German text decides:
1 If you are responsible for the premium not being collectable despite repeated attempts at collection, the insurer is entitled to cancel the SEPA direct debit mandate in text form (for example email, fax or letter). 2 In the cancellation the insurer will point out that you are obliged to transmit the outstanding premium to the insurer yourself. 3 Handling fees charged by banks for a failed direct debit collection are invoiced to you by the insurer.
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