Risk of ineffectiveness

Monday, September 1, 2014 Veröffentlichungen

Article by Lars Winkler in Die Versicherungswirtschaft 9/2014

Users of standard insurance conditions bear the risk of ineffectiveness of a clause when such clause is controlled by a court. Often, the insurer is user of the standard insurance conditions in a contractual relationship with his policy holder. But also the policy holder can be regarded as user when certain preconditions are given.

 

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