Cap. 13 Art. 362One contract may contain several insurances.

(1) The same contract may contain several insurances, whether by reason of the things insured, or of the rate of the premium, or of the several insurers.

(2) Where by the same contract things, even of a different kind, shipped in the same vessel, are insured in favour of one person only, one insurance only is deemed to be made.

(3) Where the insurers are two or more, and they do not sign the contract at the same time, each of them shall, before signing, state the day and hour of the affixing of his signature.