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A-12.3 Conditions for the obligation to pay, Watercraft Liability Insurance, Basis Plus
Clause A-12.3, Conditions for the obligation to pay, from Watercraft Liability Insurance, Basis Plus, AVB WSH Basis Plus (01-2025nam).
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:
The obligation to pay arises if, with regard to the claim for damages, 1 a final and enforceable judgment for the liability loss has been obtained against the person causing the harm, or an enforcement order has been issued; 2 a settlement enforceable by the courts has been concluded with the person causing the harm; 3 there is a notarised acknowledgement of debt by the person causing the harm with a submission clause, showing that the person causing the harm personally submits to immediate enforcement against all of their assets, and every reasonable attempt at enforcement has failed.
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