Where aggregate goods are collectively the subject matter insured, even if they are frequently replaced during the period of coverage, the goods existing at the time of the occurrence of a peril insured against shall be deemed to be included in the subject matter insured.
Laws › Commercial Act › SECTION 2 Fire Insurance
Commercial Act — Article 687 (Idem)
상법 제687조
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.
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