Insurance Act

78. Avoidance of contracts for unlimited amounts

Edition: 2023-12-11 · In force

78. Avoidance of contracts for unlimited amounts

A contract of insurance entered into after the appointed date shall be void if—

(a)it is a contract under which the insurer undertakes a liability the amount or maximum amount of which is uncertain at the time when the contract is entered into; and

(b)it is not a contract of insurance or a contract of a class or description exempted by regulations or by the Commissioner in writing from the operation of this section.

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Source: Kenya Law