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MARINE INSURANCE ACT 1909 - SECT 80 Liabilities to third parties

MARINE INSURANCE ACT 1909 - SECT 80

Liabilities to third parties

    Where the assured has effected an insurance in express terms against any liability to a third party, the measure of indemnity, subject to any express provision in the policy, is the amount paid or payable by him or her to such third party in respect of such liability.