(1) If the conditions according to which the insurer is entitled, in line with the provisions set out in the present division, to withdraw from or to terminate the contract are only met with regard to a part of the objects or persons to which the contract refers, the insurer only has the right to withdraw from or to terminate the contract for the remainder if it is to be assumed that the insurer would not have concluded the contract for this part alone with the same conditions.
(2) If the insurer exercises his or her right to withdraw from or terminate the contract in respect of a part of the objects or persons, the policyholder is entitled to terminate the insurance agreement regarding the remainder. The termination must be declared at the latest at the end of the period of insurance in which the insurer’s withdrawal or termination becomes effective.
(3) If the conditions under which the insurer is partially or wholly released from liability due to a breach of the provisions regarding aggravation of the risk insured are only met regarding a part of the objects or persons to which the insurance refers, subsection (1) applies accordingly to the release from liability.