Introduction
It is beyond the scope of this course to provide a full commentary on the provisions of the Marine Insurance Act. However, the Act does bring to the fore a number of fundamental or key areas with regard to the rights and duties of the parties to the contract of marine insurance. These include:
Utmost Good Faith
- Disclosure and Representations
- Contract of Indemnity
- Sue and Labour
- Warranties
- Assignment
- Insurable Interest
- Subrogation