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MARINE INSURANCE ACT 1906 - SECT 21

When contract is deemed to be concluded.

21. A contract of marine insurance is deemed to be concluded when the proposal
of the assured is accepted by the insurer, whether the policy be then issued
or not; and, for the purpose of showing when the proposal was accepted,
reference may be made to the slip or covering note or other customary
memorandum of the contract,....

Contract must be embodied in policy.

© 1906 Crown Copyright

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