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B1-3.1 Due date of the first or single premium, Watercraft Accident Insurance, Premium
Clause B1-3.1, Due date of the first or single premium, from Watercraft Accident Insurance, Premium, AVB WSU Premium (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:
This paragraph: same wording in Accident Basis, clause B1-3.1
B1-3.2 Our right of rescission in the event of default If the first or single premium is not paid on time in accordance with B1-3.1, we may rescind the contract for as long as payment has not been initiated. Rescission is excluded if you are not responsible for the non payment.
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