Canadian Marine Insurance Act 1993
The 1993 Act more or less mirrors the terms of the British 1906 Act except that the Canadian legislation makes specific reference to shipments of cargo by air.
- All Canadian marine insurance policies are subject to the provisions of the MIA 1993.
- This is a very important piece of legislation as it gives effect to time honored principles in this specialized area of insurance.
It's True! In the event of any conflict between the provisions of the Marine Insurance Act 1993 and the policy conditions, the Act prevails.
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