Section 85:
Ratification by assured.
Where a contract of marine insurance is in good faith effected by one
person on behalf of another, the person on whose behalf it is effected may ratify the contract even after he
is aware of a loss.
11/1963 - The Marine Insurance Act, 1963 ▶
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