An insured event is an occurrence that triggers the contractually agreed obligation of the → Insurer's triggers. The specific risks involved (→ Risks covered) and to what extent the obligation to provide benefits on the part of the → Insurer's is used in the → General Insurance Conditions (GIC), the → Special Insurance Conditions (BVB) and, in addition, in the → Insurance Contracts Act (VVG) regulated.
In the event of an insured event, particular attention must be paid to the following: → Obligations of the → policyholder’s, → Obligation to report, → Duty to provide information and → Burden of proof (requirement to provide evidence) of the → policyholder’s.
Source reference: See the VDT publication “VDT Article Series, Part 5 | Glossary“ and the source cited there.
