46 C.F.R. § 308.502

Additional insurance.

Last amended: 2016Year: 2026Length: 42 wordsOfficial source

Cite as 46 C.F.R. § 308.502 (2026)

The assured may place increased value or additional insurance in other markets beyond the amount of insurance provided by the Maritime Administrator, but such insurance must be non-participating with the Maritime Administrator's coverage, and without benefit of salvage or right of contribution.
46 C.F.R. § 308.502: Additional insurance. | Justis AI