| Sections |
Marine Insurance Act, 1963 |
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Preamble |
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| 1. |
Short title and commencement |
| 2. |
Definitions |
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MARINE INSURANCE |
| 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 |
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INSURABLE VALUE |
| 18. |
Measure of insurable value |
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DISCLOSURE AND REPRESENTATIONS |
| 19. |
Insurance is uberrimae fidei |
| 20. |
Disclosure by assured |
| 21. |
Disclosure by agent effecting insurance |
| 22. |
Representations pending negotiation of contract |
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THE POLICY |
| 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 |
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DOUBLE INSURANCE |
| 34. |
Double insurance |
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WARRANTIES, ETC |
| 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 |
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THE VOYAGE |
| 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 |
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ASSIGNMENT OF POLICY |
| 52. |
When and how policy is assignable |
| 53. |
Assured who has no interest can not assign |
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THE PREMIUM |
| 54. |
When premium payable |
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LOSS AND ABANDONMENT |
| 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 |
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PARTIAL LOSSES (INCLUDING SALVAGE AND GENERAL AVERAGE AND PARTICULAR CHARGES) |
| 64. |
Particular average loss |
| 65. |
Salvage charges |
| 66. |
General average loss |
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CHAPTER IX: CERTIFICATION TRADE MARKS |
| 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 |
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RIGHTS OF INSURER ON PAYMENTS |
| 79. |
Rights of subrogation |
| 80. |
Right of Contribution |
| 81. |
Effect of under-insurance |
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RETURN OF PREMIUM |
| 82. |
Enforcement of return |
| 83. |
Return by agreement |
| 84. |
Return for failure of consideration |
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SUPPLEMENTAL |
| 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. |
Omitted |
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SCHEDULE : FORM OF POLICY |
