1. An agreement may be made to exempt the insurer from indemnity if the beneficiary acknowledges liability for the occurrence of the insured risk or pays compensation to the injured party without the insurer's consent. 2. An agreement to exempt the insurer from liability may not be made if the beneficiary's acknowledgment is limited to a material fact or if it is proven that the payment of compensation was in the interest of the insurer.
Interpretation and application must be checked against the official text and current version.