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MARINE INSURANCE ACT 1909 - SECT 89 Return by agreement

MARINE INSURANCE ACT 1909 - SECT 89

Return by agreement

    Where the policy contains a stipulation for the return of the premium, or a proportionate part thereof, on the happening of a certain event, and that event happens, the premium, or, as the case may be, the proportionate part thereof, is thereupon returnable to the assured.