(1) Rather than terminating the contract of insurance, the insurer may, from such time as the aggravation of the risk insured occurred, demand an insurance premium commensurate with the aggravation of the risk insured in accordance with his or her business principles, or may exclude insurance cover for the aggravated risk. Section 24 (3) applies accordingly in respect of the lapse of this right.
(2) If the insurance premium increases by more than 10 percent in consequence of an aggravation of the risk insured, or if the insurer rules out insurance cover for the aggravated risk, the policyholder may terminate the contract without prior notice within one month of receipt of the communication from the insurer. The insurer must inform the policyholder of this right in his or her communication.