TITLE 46 - SHIPPING

CHAPTER II - MARITIME ADMINISTRATION, DEPARTMENT OF TRANSPORTATION

SUBCHAPTER G - EMERGENCY OPERATIONS

PART 308 - WAR RISK INSURANCE

subpart f - WAR RISK CARGO INSURANCE

308.514 - Return premium.

No premium will be returned to the assured with respect to a shipment of goods that attached under the policy except where there was a declaration of value at variance with Clause 8, or an error in the application of a rate or in the computation of a premium, or the insured goods were short-shipped. An application for the return of a premium shall be made on Form MA307, prescribed in 308.527, filed in duplicate with the Underwriting Agent who will transmit it to the Maritime Administrator for payment.