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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 46 - Shipping |
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Chapter II - Maritime Administration, Department of Transportation |
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SubChapter G - Emergency Operations |
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Part 308 - War Risk Insurance |
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Subpart F - War Risk Cargo Insurance |
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Facultative War Risk Cargo Insurance |
§ 308.543 - Cancellation.
Latest version.
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§ 308.543 Cancellation.
Facultative war risk insurance is not subject to cancellation by the Assured unless the goods are not shipped within thirty (30) days following the effective date of binding, and then only if the policy is returned for cancellation.