Regulations last checked for updates: Oct 16, 2024

Title 46 - Shipping last revised: Sep 23, 2024
§ 308.502 - Additional insurance.

The assured may place increased value or additional insurance in other markets beyond the amount of insurance provided by the Maritime Administrator, but such insurance must be non-participating with the Maritime Administrator's coverage, and without benefit of salvage or right of contribution.

source: 79 FR 17898, Mar. 31, 2014, unless otherwise noted.
cite as: 46 CFR 308.502