Central Act
83
Section 83. Return by agreement.
The Marine Insurance Act, 1963
In forceAll India (Central Act)
83. Return by agreement. Where the policy contains a stipulation for the return of the premium, or a proportionate part thereof, on the happening of a certain event, and that event happens, the premium, or, as the case may be, the proportionate part thereof, is thereupon returnable to the assured.