Sayfa 294b.Partial Indemnity Payments
It is natural for yacht insurers to make partial indemnity payments or partial payment…
In terms of partial compensation payments, Article 1428 of the TCC…
“(1) In insurances other than liability insurance, unless otherwise agreed, partial indemnity payments made during the insurance period shall be deducted from the sum insured. (2) In case of partial loss, the parties may terminate the insurance contract. However, the insurer may exercise its right of termination after the partial indemnity payment…
As can be understood from the argumentum a contrario of the provision in the first…
According to the second paragraph, the yacht insurer may terminate the yacht insurance…
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