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Volume 1, Draft Civil Code - Digital exhibitions & collections - McGill ...

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OBLIGATIONS 497<br />

1000 Costs and expenses of suits against the insured, including<br />

those of the defence, and interest on the amount of<br />

insurance, are borne by the insurer over and above the limits<br />

of the insurance.<br />

Section IV<br />

Marine insurance<br />

§ - 1 General provisions<br />

1001 Marine insurance may cover the assured against land<br />

risks incidental to a marine adventure, whether on inland<br />

waters or not.<br />

It may also cover a ship in course of building or<br />

repairing, the launching of a ship or any adventure analogous<br />

to a marine adventure.<br />

1002 In particular, there is a marine adventure when:<br />

1. any ship, goods or other moveables are exposed to<br />

maritime perils;<br />

2. the earning or acquisition of any freight, passage<br />

money, commission, profit or other pecuniary benefit or<br />

the security for any advances, loans or disbursements, is<br />

endangered by the exposure of insurable property to<br />

maritime perils;<br />

3. by reason of maritime perils, civil liability may be<br />

incurred by any person interested in or responsible for<br />

insurable property.<br />

1003 "Ship" includes the hull, materials and outfit, stores<br />

and provisions and, in the case of vessels engaged in a special<br />

trade, the ordinary fittings needed for the trade, and also the<br />

machinery and boilers, as well as bunkers and engine stores, if<br />

owned by the assured.<br />

1004 "Freight" includes the profit which a shipowner may

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