(1) If, after the occurrence of the insured event, the insurer has acknowledged, or wrongly rejected, the policyholder’s recourse, each party may terminate the insurance agreement. This also applies if the insurer instructs the policyholder to allow a legal dispute in respect of the third party’s claim.
(2) The contract may only be terminated within one month after the acknowledgement or rejection of the right of recourse, or after the judgment in the legal dispute with the third party became final. Section 92 (2) sentence 2, and subsection (3), apply.