Disclosure and Representations

C117 Insurance is uberrimæ fidei.

A contract of marine insurance is a contract based upon the utmost good faithF2....

F318 Disclosure by assured.

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F419 Disclosure by agent effecting insurance.

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F520 Representations pending negotiation of contract.

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21 When contract is deemed to be concluded.

A contract of marine insurance is deemed to be concluded when the proposal of the assured is accepted by the insurer, whether the policy be then issued or not; and, for the purpose of showing when the proposal was accepted, reference may be made to the slip or covering note or other customary memorandum of the contract . . . F1