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7.6 Timely payment under a SEPA direct debit mandate, Legal Expenses Insurance, Basis
Clause 7.6, Timely payment under a SEPA direct debit mandate, from Legal Expenses Insurance, Basis, ARB WRS Basis (1-2025nam).
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:
7.6.1 If we have agreed to collect the premium from an account, payment counts as made in good time if the premium can be collected on the due date, and you do not object to the collection. What happens if the premium due cannot be collected through no fault of yours? In this case payment is still in good time if you pay without undue delay after a demand in text form (example: letter or email). ("Without undue delay" does not necessarily mean "immediately", but "without culpable hesitation, that is, as quickly as reasonably possible".) 7.6.2 Termination of the direct debit procedure If you are responsible for the fact that the premium due cannot be collected, we are entitled to demand a different method of payment in future. You need not pay, however, until we have asked you to do so in text form (example: letter or email).
The premium for your own boat is one page away, with a price and without a form.
