Home / Policy wording / Watercraft Accident Insurance, Basis / B1-4.4
B1-4.4 Release from the obligation to pay after a reminder, Watercraft Accident Insurance, Basis
Clause B1-4.4, Release from the obligation to pay after a reminder, from Watercraft Accident Insurance, Basis, AVB WSU 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:
If an insured event occurs after the payment deadline set in the reminder has expired, and at the time of the insured event you are in default with payment of the premium or of interest or costs, we are released from the obligation to pay.
The premium for your own boat is one page away, with a price and without a form.
