In the case of a cargo insurance, if a ship has been changed due to any cause attributable either to a policyholder or to the insured, an insurer shall be discharged from liability for any peril insured against from the time of such change. <Amended by Act No. 4470, Dec. 31, 1991>
Laws › Commercial Act › SECTION 4 Marine Insurance
Commercial Act — Article 703 (Legal Effects of Change of Ships)
상법 제703조
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.