The General Terms and Conditions for the Insurance of Goods Transports, ABVT 1988 for short, form the contractual basis for the insurance of goods transports. These conditions were developed to provide clear guidelines for insurance contracts in this area. Their main purpose is to define the scope of cover and the exclusions of risks in a transparent and unambiguous manner.

The ABVT 1988 specifies which risks are covered under goods transportation insurance. This typically includes damage caused by accidents, theft, fire, natural disasters and other unforeseen events. The precise definition of these risks creates a clear basis for insurance cover.

A crucial aspect of ABVT 1988 is the definition of exclusions. These are specific risks or circumstances that are not covered by the insurance. The clear wording of exclusions helps insurers and policyholders alike to understand the limits of cover and identify potential gaps.

Policyholders should carefully review the ABVT 1988 to ensure they receive the cover they require. The terms and conditions serve as a guide to the rights and obligations of both parties to the policy. A thorough understanding of the ABVT 1988 will make it easier to settle a claim and provide clarity on the extent of compensation.

It is advisable to consult an insurance expert in the event of uncertainties or specific requirements. This ensures that the ABVT 1988 is optimally adapted to individual needs and that both the insurer and the policyholder are well informed and protected.