Home / Policy wording / Watercraft Liability Insurance, Basis Plus / A-4.1
A-4.1 Cover comprises, Watercraft Liability Insurance, Basis Plus
Clause A-4.1, Cover comprises, 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:
examination of the question of liability, defence against unjustified claims for damages, and your indemnification against justified obligations to pay damages. Obligations to pay damages are justified where you are obliged to pay compensation on the basis of statute, a final judgment, an admission of liability or a settlement, and the insurer is bound by that. Admissions and settlements made or concluded by you without the insurer's consent bind the insurer only so far as the claim would have existed even without the admission or settlement. Once your obligation to pay damages has been established with binding effect for the insurer, the insurer must indemnify you against the third party's claim within two weeks.
A-4.2 to A-4.4: same wording in Liability Basis, clause A-4
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