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B-6 Premium adjustment and right of cancellation after a premium adjustment, Watercraft Liability Insurance, Premium
Clause B-6, Premium adjustment and right of cancellation after a premium adjustment, 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:
(The German original numbers the paragraphs of this clause 6.1 to 6.6 but refers to them as B-6.1 to B-6.5.) 6.1 The insurance premiums are subject to premium adjustment. It takes effect from the beginning of the insurance year that begins on or after 1 July. So far as premiums are calculated by payroll, construction or turnover totals, no premium adjustment takes place. Minimum premiums are subject to premium adjustment irrespective of the method of premium calculation.
6.2: same wording in Liability Basis Plus, clause B-6
6.3 to 6.5: same wording in Liability Basis, clause B-6
6.6 Provisions B-6.1 to B-6.5 do not apply to financial loss liability insurance.
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