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Home/Legislation/Marine Insurance Act 1909/58

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Marine Insurance Act 1909

58When premium payable

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#### 58 When premium payable Unless otherwise agreed, the duty of the assured or his or her agent to pay the premium, and the duty of the insurer to issue the policy to the assured or his or her agent, are concurrent conditions, and the insurer is not bound to issue the policy until payment or tender of the premium.

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Section 58 - Marine Insurance Act 1909 - When premium payable — Zoe