Principle

INSURANCE LAW – Policy Document – Absence of Policy Does Not Invalidate a Non-Marine Insurance Contract

Area of law
INSURANCE LAW
Court
Supreme Court

Non-marine insurance contracts do not require a written policy. Oral contracts are valid. The principle applies to all non-marine insurance. The policy document is evidence, not a condition of validity. The rule protects policyholders even when a formal policy is not issued. The court will…

Read the full principle with Sanctum

Sanctum is the key to all NLC content: judgments, principles, statutes, rules of court and court forms. Choose a plan from 1 month to 36 months.

Get Sanctum Access I’m a member — Log in