Re: [Amel Yacht Owners] Insurance question in case of total loss [1 Attachment]
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8.4.4 describes the terms of an "Automatic Termination for Total Loss." However, "8.4.1 – By you or us" specifies all of the conditions on which you can terminate...there are several options for you to terminate...remember as long as the loss date is prior to the termination date, you are covered for the loss. Also, 8.4.1 states, "Your contract is automatically suspended on the day following the sale at zero hour." I assume that you no longer own your boat, that, in fact, it has been sold to the salvage company.
I believe you have been given bad advice, but I am no expert.
On Sat, Oct 13, 2018 at 9:27 AM Alexandre Uster von Baar uster@... [amelyachtowners] <amelyachtowners@...> wrote: