Korean Law in English
Laws › Commercial Act › SECTION 1 Common Provisions

Commercial Act — Article 678 (Grounds for Exclusion of Insurer’s Liability)

상법 제678조

This English translation is based on the Korean text effective 2018-12-19. The Korean law has since been amended (current version effective 2026-09-10) — check the Korean original.

No insurer shall be liable to compensate for losses caused by the nature, defect or natural wear and tear of the subject matter insured.

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