ABSTRACT
A contract of insurance may be for a period of time, for a voyage, or for both time and voyage. Where the subject-matter is insured for a fixed period of time, the policy is called a ‘time policy,’ and where it is insured ‘at and from’ or ‘from’ one place to another or others, it is called a ‘voyage policy’.1 The purpose of this chapter is to examine the rules, and in particular, the provisions in the Act and clauses in the ITCH(95), the IVCH(95) and the ICC pertaining to the duration and scope of those policies. The terms of a time policy will be discussed in Part A and a voyage policy in Part B.
