Section 32 of the Marine Insurance Act, 1963 – Construction of terms in policy

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Section 32: Construction of terms in policy

  • (1) A policy may be in the form in the Schedule.
  • (2) Subject to the provisions of this Act, and unless the context of the policy otherwise requires, the terms and expressions mentioned in the Schedule shall be construed as having the scope and meaning assigned to them in the Schedule.

Source: official text of The Marine Insurance Act, 1963 as published on India Code (PDF). All sections of the Marine Insurance Act, 1963.