16. Declarations of risk
Upon formation of the contract and during the period of cover
1. The policyholder must, prior to the conclusion of the contract, declare to the insurer, in accordance with the questionnaire with which s/he will be provided, all those circumstances known to him / her that may influence the assessment of the risk. S/he will be released from this obligation if the insurer does not require him/ her to fill out the questionnaire or if, even if it does so require, the circumstances in question are not addressed on it. This policy has been arranged based on the declarations made by the policyholder or the insured in accordance with the questionnaire or insurance application, which were used by the insurer to accept the risk, undertake the contractual obligations arising hereunder and set the premium.
2. The policyholder or the insured must throughout the valid term of the contract, inform the insurer, as quckly as possible, of any circumstances that increase the risk and are of such a nature that, had they been known to the insurer when the contract was drawn up, it would have been executed or would have been executed under more burdensome conditions for the policyholder.
Among the circumstances that might increase the risk are the details of the declared drivers, the characteristics of the insured vehicle and the use to which it is put.
3. The policyholder or the insured are obliged to inform the insurer of the existence of any other policies they have taken out with other insurers which cover the effects of any of the same risks to the same interest for an identical period of time.
17. In case of an increase in risk