Home / Policy wording / Watercraft Hull Insurance, Basis Plus / A-7
A-7 Causing the insured event, Watercraft Hull Insurance, Basis Plus
Clause A-7, Causing the insured event, 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:
If the insured event is caused intentionally, we are not obliged to pay. If it is caused through gross negligence, we are entitled to reduce our payment in a proportion corresponding to the severity of the fault of the person causing it (you, the operator of the craft or the occupants). In claims where gross negligence is applied, we waive any reduction of the payment up to a loss amount of 25 per cent of the sum insured, unless the cause of the loss is attributable to theft, drug consumption or alcohol consumption. Beyond that, the payment is reduced according to the severity of the fault.
The premium for your own boat is one page away, with a price and without a form.
