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A-7 Causing the insured event, Watercraft Hull Insurance, Basis Plus
From Watercraft Hull Insurance, Basis Plus, AVB WSK Basis Plus (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.
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.
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