Out of various claims under insurances, one claim, for the payment of a premium on a policy of reinsurance remained. It provided that it was payable 90 days after the contract and in cash.
Held: The words indicated that the obligation to pay began not with the contract but after the expiry of the 90 day period. Accordingly, the limitation period ran from that time, and the claim remained live.
Judges:
Lord Justice Clarke Lord Justice Wall Lord Phillips Of Worth Matravers, Mr
Citations:
[2004] EWCA Civ 792, Times 02-Jul-2004, [2005] 1 All ER 225, [2004] 1 WLR 2820
Links:
Statutes:
Marine Insurance Act 1906 53(1)
Jurisdiction:
England and Wales
Citing:
Appeal from – Heath Lambert Ltd v Sociedad De Corretaje De Seguros and Another ComC 14-Oct-2003
. .
Cited by:
Appealed to – Heath Lambert Ltd v Sociedad De Corretaje De Seguros and Another ComC 14-Oct-2003
. .
Lists of cited by and citing cases may be incomplete.
Jurisdiction, Limitation, Insurance
Updated: 11 September 2022; Ref: scu.198413
