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Marine Insurance Act, 1963

25. What policy must specify

A marine policy must specify-


(1) the name of the assured, or of some person who effects the insurance on his behalf;


(2) the subject-matter insured and the risk insured against;


(3) the voyage, or period of time, or both, as the case may be, covered by the insurance;


(4) the sum or sums insured;


(5) the name or names of the insurer or insurers.

Marine Insurance Act, 1963 Back

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