Requirements as to Marine Insurance Policy issued by the insurer
The following are the requirements as to the Marine Insurance Policy contract issued by the Insurance Company:
(a) All marine Insurance Policy contract must be signed by and on behalf of the insurer.
(b) The marine insurance contract shall embodied in the Policy document itself
(c) A marine insurance contract shall contain the following:
(d) The name of the assured, or of some person who effects the insurance on his behalf;
1. the subject-matter insured and the risk insured against;
2. the voyage, or period of time, or both, as the case may be, covered by the insurance;
3. the sum or sums insured;
4. the name or names of insurer or insurers
The following are the requirements as to the Marine Insurance Policy contract issued by the Insurance Company:
(a) All marine Insurance Policy contract must be signed by and on behalf of the insurer.
(b) The marine insurance contract shall embodied in the Policy document itself
(c) A marine insurance contract shall contain the following:
(d) The name of the assured, or of some person who effects the insurance on his behalf;
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1. the subject-matter insured and the risk insured against;
2. the voyage, or period of time, or both, as the case may be, covered by the insurance;
3. the sum or sums insured;
4. the name or names of insurer or insurers
Insurance Law And Practice - ICSI
Requirements as to Marine Insurance Policy issued by the insurer
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Wednesday, May 17, 2017
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