Article 5 - LOSS IN MARINE INSURANCE

Section 1960 - Total or partial loss
Section 1961 - Total loss
Section 1962 - Actual loss
Section 1963 - Constructive loss
Section 1964 - Actual loss presumed
Section 1965 - Duty of master when ship prevented from completing voyage; liability of insurer on cargo
Section 1966 - Liability for damages, expenses of discharging, storage, reshipment, etc.
Section 1967 - Payment without notice of abandonment
Section 1968 - Agreed that insurance upon particular subject matter free from particular average
Section 1969 - Loss covered when insurance confined in terms to actual total loss
Section 1970 - Abandonment in marine insurance
Section 1971 - Recovery for total loss after abandonment of subject matter of insurance
Section 1972 - Abandonment not partial or conditional
Section 1973 - Time of abandonment
Section 1974 - Abandonment not effective
Section 1975 - Abandonment made by giving notice
Section 1976 - Requirements of notice of abandonment
Section 1977 - Sustained upon cause specified in notice
Section 1978 - Equivalent to transfer to insurer of insured's interest
Section 1979 - Insurer entitled to whatever remains of subject matter, proceeds or salvage upon payment for loss
Section 1980 - Acts done subsequent to loss in good faith insured's agents in respect to subject matter
Section 1981 - Acceptance of abandonment not necessary and not presumed
Section 1982 - Acceptance of abandonment conclusive upon parties
Section 1983 - Abandonment irrevocable
Section 1984 - Freightage on accepted abandonment
Section 1985 - Refusal by insurer to accept abandonment
Section 1986 - Recovery on omission by insured to abandon
Section 1987 - Valuation
Section 1988 - Liability in case of partial loss
Section 1989 - Recovery where profits separately insured
Section 1990 - Valuation on freightage or cargo if only part of subject matter exposed to risk
Section 1991 - Loss of profits conclusively presumed
Section 1992 - Rules when estimating loss in open policy
Section 1993 - Computation of loss of cargo insured against partial loss arriving in damaged condition
Section 1994 - Liability for expenses of repair
Section 1995 - Liability when insured required to make contribution toward general average loss
Section 1996 - Subrogating insurer to insured's right to contribution
Section 1997 - Old material applied towards payment of new; liability of insurer for repair costs after deduction