Commonwealth Consolidated Acts

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MARINE INSURANCE ACT 1909 - SECT 27

When contract is deemed to be concluded

                   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.


 



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