28
CurrentContract must be embodied in policy
Part IIMarine Insurance
Division 5The Policy
28 Contract must be embodied in policy
Subject to the provisions of any Act, a contract of marine insurance is inadmissible in evidence in an action for the recovery of a loss under the contract unless it is embodied in a marine policy in accordance with this Act. The policy may be executed and issued either at the time when the contract is concluded or afterwards.
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