← belizelaw.ai · Insurance, Cap. 251 · PART VII — Miscellaneous
Issue and inspection of documents
Cap. 251, s. 163 · Revised Edition 2020
(2) Where an application under sub-section (1)(b) is made by a person referred to in that sub-section, the company shall not issue a special policy unless the company is satisfied that section 129 or 130 should be applied in favour of the applicant in relation to the policy.
(3) A special policy shall–
(a) be a copy, as nearly as can be ascertained, of the original policy in substitution for which it has been issued;
(b) contain copies of every endorsement on the original policy registered by the company; and
(c) state the reason for the issue of the special
(4) Before issuing a special policy the company shall, if the amount insured, exclusive of bonus additions, exceeds four thousand dollars, give at least one month’s notice of its intention to do so in the Gazette and in a national newspaper published in
(5) The expenses of the advertisement and all other costs of the issue of a special policy shall be paid by the applicant at the time of application.
(6) The fact of the issue of a special policy and the reason for its issue shall be recorded by the company in the appropriate register of policies.
(7) A special policy is valid and available for all purposes for which the original policy in substitution for which it has been issued would have been valid and available and, after the issue of the special policy, the original policy in substitution for which it has been issued is void.
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(8) Where the company fails to issue a special policy within six months after receipt of an application in writing from the policyholder, the Court may, upon application by the policy holder, and upon such evidence as to the loss or destruction of the original policy as the Court thinks sufficient, order the company, upon such terms and within such time as the Court thinks fit, to issue a special policy.
(9) Where the holder of a special policy or a person claiming the benefit of the provisions of section 129 or 130, in respect of a special policy claims that the special policy is lost or has been destroyed, this section shall apply as if the special policy were an original policy issued by the company.
163. Any person may, upon payment of such fee as is prescribed, inspect at the Office of the Supervisor any document furnished to the Supervisor under section 40 and make a copy of, or extract from, the document.
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