Section 87
Implied obligations varied by agreement or usage
ActIn forceProvision 87 of 92
Section 87
(1)
Where any right, duty or liability would arise under a contract of marine insurance by implication of law, it may be negatived or varied by express agreement, or by usage, if the usage be such as to bind both parties to the contract.
(2)
This section extends to any right, duty or liability declared by this Act which may be lawfully modified by agreement.