Section List

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

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