Section 33: Premium to be arranged.

The Marine Insurance Act, 1963Central Act · Act 11 of 1963

(1) Where an insurance is effected at a premium to be arranged, and no arrangement is made, a reasonable premium is payable.

(2) Where an insurance is effected on the terms that an additional premium is to be arranged in a given event, and that event happens but no arrangement is made, then a reasonable additional premium is payable.

Where this provision sits

Act	The Marine Insurance Act, 1963
Section	33
Marginal note	Premium to be arranged.
Jurisdiction	Central
Status	In force as published by the source

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