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A-17 Disposal of the insured item, Watercraft Hull Insurance, Basis Plus
Clause A-17, Disposal of the insured item, from Watercraft Hull Insurance, Basis Plus, AVB WSK Basis Plus (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:
A-17.1 Legal relationships after transfer of ownership.
A-17.1.1 to A-17.1.3: same wording in Hull Basis, clause A-13
A-17.2 Rights of cancellation.
A-17.2.1 Under section 96(1) VVG we are entitled to cancel the insurance contract as against the acquirer. In doing so we must give one month's notice. That right of cancellation lapses if we do not exercise it within one month of learning of the disposal. German law applies to the contract. The German wording of the conditions alone is binding; this translation is provided for understanding only.
A-17.2.2 to A-17.2.3: same wording in Hull Basis, clause A-13
A-17.3 Duties of notification.
A-17.3.1 to A-17.3.2: same wording in Hull Basis, clause A-13
A-17.3.3 By way of derogation from A-17.3.2 we are obliged to pay in the following cases:
A-17.3.3.1: same wording in Hull Basis, clause A-13
The premium for your own boat is one page away, with a price and without a form.
