CII M98 Practice Questions - CII M98 - Marine Hull And Associated Liabilities Exam

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Under section 33(3) of the Marine Insurance Act 1906 (prior to the Insurance Act 2015 reform), what was the strict traditional effect of a breach of warranty?

The insurer was automatically discharged from liability as from the date of breach The policy became void from inception (ab initio) automatically The insurer had to prove the breach caused the specific loss claimed The policy was converted into a voyage policy automatically

Correct Answer:

The insurer was automatically discharged from liability as from the date of breach

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