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B-3.4 Release from the obligation to pay after a reminder, Watercraft Liability Insurance, Basis
Clause B-3.4, Release from the obligation to pay after a reminder, 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:
If an insured event occurs after the payment deadline set in the reminder has expired, and at the time of the insured event you are in default with payment of the premium or of interest or costs, the insurer is released from the obligation to pay. German law applies to the contract. The German wording of the conditions alone is binding; this translation is provided for understanding only.
The premium for your own boat is one page away, with a price and without a form.
