New Contract Law's Application To Marine Insurance Contract

Being a branch of contract, marine insurance contract shares the generality of contract. At the same time, it enjoys its conspicuous speciality which can be adjusted by the related regulations of insurance law and maritime law. For the generality, there should be certain contract legislation to regulate it. China's new contract law became effective on October 1st, 1999. this new contract law terminated tri-decisive situation of economic contract law, law of economic contract involving foreign interest and technique contract law, and became the cardinal contract legislation of China. It will unavoidably be applied to marine insurance contract so as to remedy insufficience of insurance law and maritime law. For maritime law majors, the research of new contract law's detailed application in marine insurance become a significant and practical project.The following paper made an initial attempt in this field. The writing sequence followed the stylistic rules and layout a regulated by the general rules of new contract law. The content of this paper included: conclusion, form, content, effectiveness, performance, modification and assignment, termination and interpretation of contract. Nevertheless, the new contract law is too wide and profound to be totally illustrated in only one paper. The following paper focused on the specific regulations concerning marine insurance contract.