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A-12 Hiring out for more than 30 days in the insurance year, commercial hiring out, Watercraft Hull Insurance, Basis
Clause A-12, Hiring out for more than 30 days in the insurance year, commercial hiring out, from Watercraft Hull Insurance, Basis, AVB WSK Basis (5-2025nam).
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:
Where applied for and documented in the policy schedule or its endorsements, cover also applies where the watercraft is hired out for more than 30 days in the insurance year or hired out commercially. The condition is that German law applies to the contract. The German wording of the conditions alone is binding; this translation is provided for understanding only. the handover is based on a tenancy relationship under sections 535 et seq. BGB. We pay on a subsidiary basis, that is, we step in only if and so far as no other insurer is obliged to pay compensation or can be called upon.
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