ADVOKS GLOBAL · KENYA
Marine Insurance Act
25. Voyage and time policies
Edition: 2023-12-11 · In force
25. Voyage and time policies
(1)Where the contract is to insure the subject-matter "at and from", or from one place to another or others, the policy is called a voyage policy, and where the contract is to insure the subject-matter for a definite period of time the policy is called a time policy.(2)A contract for both voyage and time may be included in the same policy.(3)A time policy which is made for any time exceeding twelve months is invalid:Provided that a time policy containing a continuation clause shall not be invalid on the ground only that by reason of the continuation clause it may become available for a period exceeding twelve months.(4)In this section "continuation clause" means an agreement to the following or the like effect, namely, that in the event of the ship being at sea or the voyage otherwise not completed on the expiration of the policy the subject-matter of the insurance shall be held covered until the arrival of the ship, or for a reasonable time thereafter not exceeding thirty days.