When an insurer has issued a certificate of insurance in respect of a contract of insurance between the insurer and the insured person, then,—
(a) if and so long as the policy described in the certificate has not been issued by the insurer to the insured, the insurer shall, as between himself and any other person except the insured, be deemed to have issued to the insured person a policy of insurance conforming in all respects with the description and particulars stated in such certificate; and
(b) if the insurer has issued to the insured the policy described in the certificate, but the actual terms of the policy are less favourable to the person claiming under or by virtue of the policy against the insurer either directly or through the insured than the particulars of the policy as stated in the certificate, the policy shall, as between the insurer and any other person except the insured, be deemed to be in terms conforming in all respects with the particulars stated in the said certificate.
(a) if and so long as the policy described in the certificate has not been issued by the insurer to the insured, the insurer shall, as between himself and any other person except the insured, be deemed to have issued to the insured person a policy of insurance conforming in all respects with the description and particulars stated in such certificate; and
(b) if the insurer has issued to the insured the policy described in the certificate, but the actual terms of the policy are less favourable to the person claiming under or by virtue of the policy against the insurer either directly or through the insured than the particulars of the policy as stated in the certificate, the policy shall, as between the insurer and any other person except the insured, be deemed to be in terms conforming in all respects with the particulars stated in the said certificate.
आगे पढ़ें / Continue reading
Explore the next section or browse this act in the selected language.
Next · Section 72Transfer of certificate of insurance. →All sections / सभी धाराएँThe Inland Vessels Act, 2021 →
More sections of this act
Section 1 · Short title, extent and commencement.Section 2 · Application and scope.Section 3 · Definitions.Section 4 · Declaration of inland water area into Zones.Section 5 · Administrative role of Central Government and State Governments.Section 6 · Competent authority.Section 7 · Power to classify and categorise for purpose of survey.Section 8 · Construction, alteration or modification of mechanically propelled inland vessel.India Code, Government of India. Text fetched 24 Oct 2026. Source metadata reports last modification: 2025-11-07. Check the linked official text and subsequent notifications when applying a provision.