A-32.1, r. 1 - Regulation under the Act respecting insurance

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29. Insurance in the “marine insurance” class is insurance covering the risks incident to a marine adventure and may cover the risks of any adventure analogous to a marine adventure, land risks incidental to a marine adventure and risks incident to the building, repair and launch of a ship.
It includes protection against the financial consequences of liability arising out of bodily injury or damage to property arising out of such an adventure.
O.C. 887-2009, s. 29.