Section 14:
Advance freight.
In the case of advance freight, the person advancing the freight has an
insurable interest, in so far as such freight is not repayable in case of loss.
Act Number: 11
Act Name: The Marine Insurance Act, 1963
Year: 1963
Enactment Date: 1963-04-18
Long Title: An Act to codify the law relating to marine insurance.
Ministry: Ministry of Finance
Department: Department of Financial Services