Auslösungsentscheidung

Auslösungsentscheidung refers to a legal concept primarily found in German law, specifically within the realm of insurance law, but also applicable in other contexts where a termination or cancellation is permissible under certain conditions. It translates roughly to "decision on termination" or "release decision."

In essence, an Auslösungsentscheidung is a formal declaration or agreement by which a party decides to terminate a legal relationship, such as a contract. This decision is often triggered by specific events or circumstances outlined in the original agreement or by law. For instance, in insurance, it might relate to the insurer's decision to terminate a policy under specific conditions, such as non-payment of premiums or a significant change in risk.

The key characteristic of an Auslösungsentscheidung is that it is a voluntary act by one of the parties to end the relationship, rather than a mutual agreement to dissolve it or a termination initiated by the other party. The process usually involves a formal notification and adherence to stipulated notice periods or other contractual requirements. The consequences of an Auslösungsentscheidung can include the cessation of rights and obligations for both parties, and potentially the payment of certain fees or compensation, depending on the nature of the terminated agreement.