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Requirements as to Marine Insurance Policy issued by the insurer

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;

[Post Image Courtesy of Toa55 at FreeDigitalPhotos.net]

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

About Author Mohamed Abu 'l-Gharaniq

when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries.

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