Marine Insurance Act, 1963

• 1 Short title and commencement
• 2 Definitions

Marine insurance

• 3 Marine insurance defined 3 judgments
• 4 Mixed sea and land risks 2 judgments
• 5 Lawful marine adventure

Insurable interest

• 6 Avoidance of wagering contracts
• 7 Insurable interest defined 1 judgment
• 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 1 judgment

Insurable value

• 18 Measure of insurable value

Disclosure and representations

• 19 Insurance is uberrimae fidei 3 judgments
• 20 Disclosure by assured
• 21 Disclosure by agent effecting insurance
• 22 Representations pending negotiation of contract
• 23 When contract is deemed to be concluded

The policy

• 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 1 judgment
• 30 Unvalued policy
• 31 Floating policy by ship or ships
• 32 Construction of terms in policy
• 33 Premium to be arranged

Double insurance

• 34 Double insurance

Warranties, etc

• 35 Nature of warranty 2 judgments
• 36 When breach of warranty excused 1 judgment
• 37 Express warranties 1 judgment
• 38 Warranty of neutrality
• 39 No implied warranty of nationality
• 40 Warranty of good safety
• 41 Warranty of seaworthiness of ship 1 judgment
• 42 No implied warranty that goods are seaworthy
• 43 Warranty of legality

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 1 judgment

Assignment of policy

• 52 When and how policy is assignable 1 judgment
• 53 Assured who has no interest cannot assign

The premium

• 54 When premium payable

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 1 judgment
• 61 Effect of constructive total loss
• 62 Notice of abandonment
• 63 Effect of abandonment

Partial losses (including salvage and general average and particular charges)

• 64 Particular average loss
• 65 Salvage charges
• 66 General average loss

Measure of indemnity

• 67 Extent of liability of insurer for loss
• 68 Total loss 1 judgment
• 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

Rights of insurer on payments

• 79 Right of subrogation 1 judgment
• 80 Right of contribution
• 81 Effect of under-insurance

Return of premium

• 82 Enforcement of return
• 83 Return by agreement
• 84 Return for failure of consideration

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 Repealed