A-3 Provisional cover for new risks, Watercraft Liability Insurance, Premium

A-3.1 Risks that newly arise after the insurance contract is concluded are insured immediately within the scope of the existing contract. 1 You are obliged to notify every new risk within one month of being asked to do so by the insurer. The request may also be made with the premium invoice. If you fail to notify in good time, cover for the new risk ceases retrospectively from the point at which it arose. If the insured event occurs before the new risk was notified, you must prove that the new risk arose only after the insurance was concluded and at a time at which the notification period had not yet expired. 2 The insurer is entitled to charge an appropriate premium for the new risk. If no agreement on the amount of that premium is reached within one month of the notification being received, cover for the new risk ceases retrospectively from the point at which it arose.

A-3.2 Cover for new risks is limited, from the point at which they arise until agreement within the meaning of clause A-3.1, to the sum of 3,000,000 euros for personal injury and property damage and, so far as agreed, to 1,000,000 euros for financial loss, unless other sums insured are set out in the policy schedule.

A-3.3: same wording in Liability Basis, clause A-3