(1) The policyholder may conclude the contract of insurance in his or her own name for the account of another, with or without naming the insured third party (insurance for the account of a third party).
(2) If the contract of insurance is concluded for another, it is assumed in cases of doubt, even if the third party is named, that the policyholder is not acting as his or her agent but in his or her own name for the account of a third party.
(3) If the circumstances do not indicate that the contract of insurance is to be concluded for another, it is deemed to have been made for the policyholder’s own account.