Section 21

When contract deemed to be concluded

of Marine Insurance Act 1906

ActIn forceProvision 21 of 92

A contract of marine insurance is deemed to be concluded when the proposal of the assured is accepted by the insurer, whether the policy be then issued or not; and, for the purpose of showing when the proposal was accepted, reference may be made to the slip or covering note or other customary memorandum of the contract.

Read in full context — Marine Insurance Act 1906 →

Section 21

When contract deemed to be concluded

of Marine Insurance Act 1906

ActIn forceProvision 21 of 92

A contract of marine insurance is deemed to be concluded when the proposal of the assured is accepted by the insurer, whether the policy be then issued or not; and, for the purpose of showing when the proposal was accepted, reference may be made to the slip or covering note or other customary memorandum of the contract.

Read in full context — Marine Insurance Act 1906 →