Marine Insurance Act 1906 1906 CHAPTER 41 6_Edw_7 English Marine Insurance Act 1906 An Act to codify the Law relating to Marine Insurance [21st December 1906] Contents Go to Preamble Marine Insurance 1. Marine insurance defined. 2. Mixed sea and land risks. 3. Marine adventure and maritime perils defined. Insurable Interest 4. Avoidance of wagering or gaming contracts. 5. Insurable interest defined. 6. When interest must attach. 7. Defeasible or contingent interest. 8. Partial interest. 9. Re-insurance. 10. Bottomry. 11. Master’s and seamen’s wages. 12. Advance freight. 13. Charges of insurance. 14. Quantum of interest. 15. Assignment of interest. Insurable Value 16. Measure of insurable value. Disclosure and Representations 17. Insurance is uberrimæ fidei. 18. Disclosure by assured. 19. Disclosure by agent effecting insurance. 20. Representations pending negotiation of contract. 21. When contract is deemed to be concluded. The Policy 22. Contract must be embodied in policy . 23. What policy must specify. 24. Signature of insurer. 25. Voyage and time policies. 26. Designation of subject-matter. 27. Valued policy. 28. Unvalued policy. 29. Floating policy by ship or ships. 30. Construction of terms in policy. 31. Premium to be arranged. Double Insurance 32. Double insurance. Warranties, &c 33. Nature of warranty. 34. When breach of warranty excused. 35. Express warranties. 36. Warranty of neutrality. 37. No implied warranty of nationality. 38. Warranty of good safety. 39. Warranty of seaworthiness of ship. 40. No implied warranty that goods are seaworthy. 41. Warranty of legality. The Voyage 42. Implied condition as to commencement of risk. 43. Alteration of port of departure. 44. Sailing for different d...