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B-3.4 Release from the obligation to pay after a reminder, Watercraft Liability Insurance, Basis Plus

Clause B-3.4, Release from the obligation to pay after a reminder, 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:

read Liability Basis Plus B-3.4 in German.

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.

← B-3.3 Reminder, Liability Basis Plus B-3.5 Cancellation after a reminder, Liability Basis Plus →

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