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MARINE INSURANCE ACT 1906 - SECT 70

Partial loss of freight.

70. Subject to any express provision in the policy, where there is a partial
loss of freight, the measure of indemnity is such proportion of the sum fixed
by the policy in the case of a valued policy, or of the insurable value in the
case of an unvalued policy, as the proportion of freight lost by the assured
bears to the whole freight at the risk of the assured under the policy.


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© 1906 Crown Copyright

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