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B3-1.3 Time limit and form for exercising our rights, Watercraft Accident Insurance, Basis Plus
Clause B3-1.3, Time limit and form for exercising our rights, 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:
We must assert the rights to rescind, to cancel or to change the contract in writing within one month. In doing so we must state the circumstances on which we base our declaration. We may subsequently state further circumstances in support within one month of learning of them. The one month period begins at the point at which we learn of the breach of the duty of disclosure and of the circumstances giving rise to the right we assert in each case.
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