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What policy must specify.
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23. A marine policy must specify—
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(1) The name of the assured, or of some person who effects the insurance on his behalf:
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(2) The subject-matter insured and the risk insured against:
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(3) The voyage, or period of time, or both, as the case may be, covered by the insurance:
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(4) The sum or sums insured:
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(5) The name or names of the insurers.
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