If a cargo insurance policy specifies how the insurance period, the insured amount, the insured property, the agreed insured value, the insurance premiums or the payment method thereof, the name of the ship, or the place of shipment, port of loading, port of discharge or place of arrival of the cargo (hereinafter referred to as the "details of the policy" in this Article) are decided, it is not required to include the details of the policy in the document prescribed in Article 6, paragraph (1) of the Insurance Act.
In the case prescribed in the preceding paragraph, when a policyholder or an insured learns that the details of the policy have been finalized, they must notify the insurer of this without delay.
If a policyholder or an insured intentionally or by gross negligence fails to notify the insurer as referred to in the preceding paragraph without delay, the cargo insurance policy ceases to be valid.
ship
「船舶」
In the part on maritime commerce (except Article 747), a ship used for navigation for the purpose of commercial transactions (商行為), other than rowboats and other boats driven only or mainly by oars.
Defined inArticle 684, paragraph (1)
cargo insurance policy
「貨物保険契約」
A marine insurance policy (海上保険契約) whose insured object is cargo.
Short name set inArticle 819, paragraph (1)· applies only in this chapter
details of the policy
「保険期間等」
In Article 825, the details of a cargo insurance policy (貨物保険契約) — the insurance period, insured amount, insured object, agreed insured value, premium or how it is paid, the ship's name, or the cargo's place of dispatch, port of loading, port of discharge or destination — which need not be written in the policy document where the contract sets how they are to be decided.
Short name set inArticle 825, paragraph (1)· applies only in this article