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B4-7 Insurance for the account of a third party, Watercraft Accident Insurance, Basis Plus

Clause B4-7, Insurance for the account of a third party, 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 B4-7 in German.

B4-7.1 Rights under the contract You may conclude the insurance contract in your own name for the interest of a third party (the insured). Only you, and not the insured as well, may exercise the rights under this contract. That also applies where the insured is in possession of the policy schedule.

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