Be careful with liability limitations

Tuesday, August 25, 2015 Veröffentlichungen

Column by Lars Winkler for Versicherungsmonitor.de 

Someone who buys a product in order to resell it or to assemble it into his own product should be careful with any waiver of warranty claims against the seller. By this, the purchaser does not only limit his warranty claims, but also endangers his insurance coverage.

Particular care is required in case of liability limitations or liability exclusions which are not customary to the industry or are agreed upon after conclusion of the insurance contract.

 

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