CCQ-1991 - Civil Code of Québec

Section 2612 Disposition versions

2014-05-01

2612. Where the insured has paid, or is liable for, any general average contribution, the measure of indemnity is the full amount of such contribution if the property is insured for its full contributory value; if the property is not insured for its full contributory value or if only part of it is insured, the indemnity is reduced in proportion to the under-insurance.

The amount awarded as compensation for injury suffered by the insured by reason of a particular average loss which constitutes a deduction from the contributory value, and for which the insurer is liable, shall be deducted from the insured value in order to ascertain what the insurer is liable to contribute.

The extent of the insurer’s liability for salvage charges is determined on the same principles.

1991, c. 64, a. 2612; I.N. 2014-05-01.

1994-01-01

2612. Where the insured has paid, or is liable for, any general average contribution, the measure of indemnity is the full amount of such contribution if the property is insured for its full contributory value; if the property is not insured for its full contributory value or if only part of it is insured, the indemnity is reduced in proportion to the under-insurance.

The amount awarded as compensation for damage suffered by the insured by reason of a particular average loss which constitutes a deduction from the contributory value, and for which the insurer is liable, shall be deducted from the insured value in order to ascertain what the insurer is liable to contribute.

The extent of the insurer’s liability for salvage charges is determined on the same principle.

1991, c. 64, a. 2612.