Home / Policy wording / Watercraft Accident Insurance, Premium / B1-5.2
B1-5.2 Failed debit, Watercraft Accident Insurance, Premium
Clause B1-5.2, Failed debit, 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:
If you are responsible for one or more premiums not being collectable despite repeated attempts at debiting, we are entitled to cancel the agreed debit procedure in text form (for example email, fax or letter). In the cancellation we must point out that you are obliged to transmit the outstanding premium and future premiums yourself. Handling fees charged by banks for failed debits may be invoiced to you.
The premium for your own boat is one page away, with a price and without a form.
