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A-12 Hiring out for more than 30 days in the insurance year, commercial hiring out, Watercraft Hull Insurance, Basis
From Watercraft Hull Insurance, Basis, AVB WSK Basis (5-2025nam). German law applies to the contract and the German wording alone is binding. This English text is a courtesy so that you can read what you are buying. It is not a contract document. Where the English and the German text differ, the German text decides: read this clause in German.
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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