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Insurers right to terminate the insu
Circumstances precluding the app
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1st sentence 2nd sentence accor According to PI additional premium agreed applies correspondingly assured may claim assured's claim Assured's duty assured's liability average adjuster avert or minimize cargo casualty caulking claims statement classification society co-insurers collision compensation contract of affreightment corresponding stipulation covers the assured's discharge effecting the insurance expenses expiry extraordinary costs freight insurance hull insurance hull-interest insurer incurred insurance contract insurance covers insurance on giving insurer is liable insurer may terminate Insurer's right interest leading insurer liability to third liable for loss loss as mentioned marine perils minimize the loss mortgagee Norwegian notify the insurer old deductions payment on account period of insurance person effecting place of destination port recoverable regard to perils removal risk rules concerning rules in Chapter salvage second paragraph ship's Shipowners Skuld subject-matter insured subrogated sum insured terminate the insurance terms of contract third party total loss trading limits undue delay voyage