The policyholder is not obliged to hand over the insurance policy to the insured person or, in the event of insolvency proceedings having been opened with regard to his or her assets, to the insolvency estate, until his or her claims against the insured person have been satisfied with regard to the insured thing. He or she may satisfy these claims from the claim for compensation against the insurer and, after it has been collected, from the compensation paid before the insured person and the latter’s creditors.