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B-1 Inception of the insurance, Watercraft Liability Insurance, Premium

Clause B-1, Inception of the insurance, from Watercraft Liability Insurance, Premium, AVB WSH Premium (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 Premium B-1 in German.

1 Cover begins, once the contract with the insurer has validly come into being (as a rule on receipt of the policy schedule), on the inception date stated in the policy schedule. 2 The obligation to pay may, however, cease if you do not pay the first premium or a subsequent premium on time (see B-2 and B-3). German law applies to the contract. The German wording of the conditions alone is binding; this translation is provided for understanding only.

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