If the insured delays departure or voyage without good cause, an insurer shall be discharged from liability for any peril insured against from the time of such delay.[This Article Wholly Amended by Act No. 4470, Dec. 31, 1991]
Laws › Commercial Act › SECTION 4 Marine Insurance
Commercial Act — Article 702 (Legal Effects of Delay in Departure or Voyage)
상법 제702조
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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