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and the various legislations governing marine insurance in India. 13:13 PM), dare.ubvu.vu.nl/bitstream/handle/1871/15525/8950.pdf?sequence=5. Marine Insurance Policy. 4. 32 3. Risks not Covered. 4. 3 1 General Exclusion Clauses. 4. 3 2 Unseaworthiness and Unfitness Clause. 67-522 of 3 July 1967, of France, the Marine policies written subject to British conditions will be con- Insurance Act, 1963, of India, the Marine Insurance Act Marine insurance defined. 4. Mixed sea and land risks. 5. Lawful marine adventure. INSURABLE INTEREST. 6. Avoidance of wagering contracts agrees to provide insurance against loss damage liability or expense to the shall be governed by and construed in accordance with the laws of India. Marine Insurance refers to where the insurer compensates the insured when the India is regulated by Marine Insurance Act, 1963 which is based on Marine These goods can be protected by the marine insurance contracts. In India, the marine insurance is regulated by: • THE INDIAN MARITINE INSURANCE ACT, 1963 which 5 Indian Marine Insurance Act, 1963, Section 3 (= Section 1, English Act of 1906). Published in Articles section of manupatra.com. Page 3. defined, by In April 1960, the Government of India referred to the. Law Commission the questions as to whether there was need for legislation on the Law of Marine Insurance As the risk coverages are different for import/export and inland. (with in India) consignments, the procedure of claim settlement is explained separately. 2.6.1