|
|
Designation of subject-matter
|
26.—(1) The subject-matter insured must be designated in a marine policy with reasonable certainty.
|
|
| |
(2) The nature and extent of the interest of the assured in the subject-matter insured need not be specified in the policy.
|
|
| |
(3) Where the policy designates the subject-matter insured in general terms, it shall be construed to apply to the interest intended by the assured to be covered.
|
|
| |
(4) In the application of this section regard shall be had to any usage regulating the designation of the subject-matter insured.
|
