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B3-1.2.3 Vertragsänderung, Watercraft Accident Insurance, Basis Plus

Clause B3-1.2.3, Vertragsänderung, from Watercraft Accident Insurance, Basis Plus, AVB WSU Basis Plus (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:

read Accident Basis Plus B3-1.2.3 in German.

B3-1.2.3 Change of contract. If you did not breach your duty of disclosure under B3-1.1 paragraph 1 intentionally, and we would have concluded the contract even had we known the undisclosed risk circumstances, albeit on different terms, those other terms become part of the contract retrospectively at our request. If you are not at fault for the breach of duty, the other terms become part of the contract from the current insurance period. If the change of contract increases the premium by more than 10 per cent, or if we exclude cover for the undisclosed circumstance, you may cancel the contract without notice within one month of receiving our notification. In this notification we must draw your attention to your right of cancellation.

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