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B1-4 Subsequent premium, Watercraft Accident Insurance, Basis
Clause B1-4, Subsequent premium, 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:
B1-4.1 Due date A subsequent premium falls due, in accordance with the agreed payment frequency, at the beginning of the month, quarter, half year or year, or at another agreed time. Payment counts as timely if it is initiated by the due date.
B1-4.3 Reminder, Accident Basis
B1-4.4 Release from the obligation to pay after a reminder, Accident Basis
B1-4.5 Cancellation after a reminder, Accident Basis
B1-4.6 Payment of the premium after cancellation, Accident Basis
The premium for your own boat is one page away, with a price and without a form.