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Sanctions Clause
 
On the basis of EU and similar sanctions AXA offers no insurance products in the affected countries, such as currently the Iran. For clarification, we are committed to the following clause.

 

Notwithstanding other provisions of the insurance contract, cover shall be granted only insofar as and as long as not in contradiction to economic, trade or financial sanctions or embargoes enacted by the European Union or the Federal Republic of Germany that are directly applicable to the contracting parties.
This shall also apply to economic, trade or financial sanctions or embargoes enacted by the United States of America with regard of the Islamic Republic of Iran, insofar as those are not in contradiction to European or German legislative provisions.
Sanctions Clause (english translaton) Only the german version (see below) ist legally binding! PDF
Sanktionsklausel (in german language) PDF

 

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