Act 11 of 1963

The Marine Insurance Act, 1963

An Act to codify the law relating to marine insurance.

Ministry of Finance
Department of Financial Services
Enacted 1963-04-18
92 sections

Section	Title
1	Short title and commencement.	Read
2	Definitions.	Read
3	Marine insurance defined.	Read
4	Mixed sea and land risks.	Read
5	Lawful marine adventure.	Read
6	Avoidance of wagering contracts.	Read
7	Insurable interest defined.	Read
8	When interest must attach.	Read
9	Defeasible or contingent interest.	Read
10	Partial interest.	Read
11	Reinsurance.	Read
12	Bottomry.	Read
13	Master’s and seamen’s wages.	Read
14	Advance freight.	Read
15	Charges of insurance.	Read
16	Quantum of interest.	Read
17	Assignment of interest.	Read
18	Measure of insurable value.	Read
19	Insurance is uberrimae fidei.	Read
20	Disclosure by assured.	Read
21	Disclosure by agent effecting insurance.	Read
22	Representations pending negotiation of contract.	Read
23	When contract is deemed to be concluded.	Read
24	Contract must be embodied in policy.	Read
25	What policy must specify.	Read
26	Signature of insurer.	Read
27	Voyage and time policies.	Read
28	Designation and subject-matter.	Read
29	Valued policy.	Read
30	Unvalued policy.	Read
31	Floating policy by ship or ships.	Read
32	Construction of terms in policy.	Read
33	Premium to be arranged.	Read
34	Double insurance.	Read
35	Nature of warranty.	Read
36	When breach of warranty excused.	Read
37	Express warranties.	Read
38	Warranty of neutrality.	Read
39	No implied warranty of nationality.	Read
40	Warranty of good safety.	Read
41	Warranty of seaworthiness of ship.	Read
42	No implied warranty that goods are seaworthy.	Read
43	Warranty of legality.	Read
44	Implied condition as to commencement of risk.	Read
45	Alteration of port of departure.	Read
46	Sailing for different destination.	Read
47	Change of voyage.	Read
48	Deviation.	Read
49	Several ports of discharge.	Read
50	Delay in voyage.	Read
51	Excuse for deviation or delay.	Read
52	When and how policy is assignable.	Read
53	Assured who has no interest cannot assign.	Read
54	When premium payable.	Read
55	Included and excluded losses.	Read
56	Partial and total loss.	Read
57	Actual total loss.	Read
58	Missing ship.	Read
59	Effect of transhipment, etc.	Read
60	Constructive total loss defined.	Read
61	Effect of constructive total loss.	Read
62	Notice of abandonment.	Read
63	Effect of abandonment.	Read
64	Particular average loss.	Read
65	Salvage charges.	Read
66	General average loss.	Read
67	Extent of liability of insurer for loss.	Read
68	Total loss.	Read
69	Partial loss of ship.	Read
70	Partial loss of freight.	Read
71	Partial loss of goods, merchandise, etc.	Read
72	Apportionment of valuation.	Read
73	General average contributions and salvage charges.	Read
74	Liabilities to third parties.	Read
75	General provisions as to measure of indemnity.	Read
76	Particular average warranties.	Read
77	Successive losses.	Read
78	Suing and labouring clause.	Read
79	Right of subrogation.	Read
80	Right of contribution.	Read
81	Effect of under-insurance.	Read
82	Enforcement of return.	Read
83	Return by agreement.	Read
84	Return for failure of consideration.	Read
85	Ratification by assured.	Read
86	Implied obligation varied by agreement or usage.	Read
87	Reasonable time, etc., a question of fact.	Read
88	Covering note as evidence.	Read
89	Power to apply Act with modifications, etc., in certain cases.	Read
90	Certain provisions to override Transfer of Property Act, 1882.	Read
91	Savings.	Read
92	Repealed.	Read