Translation of "Schadenereignis" in English

Insurance cover is granted provided the current membership fee is paid before an incident occurs.

After comparing the amount of repair costs and the value of the vehicle before the damage event, it is divided into the groups repair damage and total loss.

24.4The forwarder's liability is in any case, regardless of, be the number of claims from an insured event raised, on 2 My.

23.4The forwarder's liability is in any case, regardless of, be the number of claims from an insured event raised, limited to 2 My.

Note: In clause 23 the ADSp 2017 deviates from the statutory liability limitation in section 431 German Commercial Code (HGB) by limiting the liability for multimodal transportation with the involvement of sea carriage and an unknown damage location to 2 SDR/kg and, for the rest, the customary liability limitation of 8,33 SDR/kg additionally to Euro 1,25 million per damage claim and EUR 2,5 million per damage event, but not less than 2 SDR/kg.

Last year's events in Thailand, New Zealand, Japan and the huge damage through tornadoes in the US may not have hurt the reinsurers in the same way as a dramatic single loss in the past.

The insured sum in each case represents the maximum payment made by the insurer in respect of all claims per insured person per event of loss.

These limit in clause 23 ADSp the legal liability for damage to goods in case of damage to goods whilst in the care of a forwarder to € 8,33/kg, in accordance with Art. 431 of the German Commercial Code (HGB); in case of multimodal transports including sea transport to 2 SDR/kg. In addition the liability is limited to € 1,25 Million per damage respectively to € 2,5 Million per event or 2 SDR/kg whichever is the greater.

The insurance protection applies exclusively to the personal legal liability of the policyholder as owner and/or air carrier with a combined sum insured per loss event.

The contractor waives the right to object to the limitation of liability to a total amount pursuant to item 15.1 for damages to goods up to EUR 500,000 and for financial losses up to EUR 125,000 any one occurrence.

If we are held liable for ordinary negligence, our liability for damages in respect of property damage as well as in respect of any further economic loss resulting therefrom is limited to an amount of EUR 10,000,000.- for any one occurrence, also in cases involving a breach of material contractual obligations.

Every insured event (i.e. any insured event that may lead to a liability claim against the insured person) must be immediately reported to the insurer text form via the group policy member, however, no later than within one week.

In the area of cyber crime, they offer broad cover for consequential losses, through to business interruption, and also expand the damage event to include "simple system errors".

In any case, and provided that the company is responsible for any damage due to its proven negligence, the company is liable to cover only the actual loss of the injured party caused by and related directly to the harmful event and the company's negligence.

We operate exclusively in accordance with the Allgemeine Deutsche Spediteur­bedingungen 2017 - ADSp 2017 - (German Freight Forwarders' General Terms and Conditions 2017). Note: In clause 23 the ADSp 2017 deviates from the statuto­ry liability limitation in section 431 German Commercial Code (HGB) by limiting the liability for multimodal transportation with the involvement of sea carriage and an unknown damage location to 2 SDR/kg and, for the rest, the customary liability limi­tation of 8,33 SDR/kg additionally to Euro 1,25 million per damage claim and EUR 2,5 million per damage event, but not less than 2 SDR/kg.

If an incident occurs in this period and if the member- ship fee for that calendar year has not yet been paid, insurance coverage is nonetheless granted providing payment is made afterwards and providing the membership fee for the previous year was already paid.

To have a scapegoat that's a typical biblical behaviour from the Jewish Mose books in combination with the ideology of the secret associations of Machiavelli: To produce a possibly big damage gives the power over the whole population.

The probability of business interruption losses – caused by fire or natural catastrophe, for example – will increase due to the virtualized value chain that is the result of the optimization of systems and their dependency on the environment or on suppliers, customers, energy supply, etc. Ultimately, this could lead to a significant extension of the recovery period following a loss event, which will, in particular, be a consequence of the search for causes, the substitution of destroyed machines, plants, networks and communication channels.