Insurance broker may generally exercise a lien for an unpaid premium over the proceeds of a policy, but not over a policy of a co-assured over debt of the other assured.
Citations:
Times 29-Dec-1997, Gazette 28-Jan-1998, [1997] EWCA Civ 3005, [1998] 1 All ER 946
Links:
Statutes:
Marine Insurance Act 1906 53(2)
Jurisdiction:
England and Wales
Insurance
Updated: 13 November 2022; Ref: scu.143404
