Section 26: Signature of insurer.

(1) A marine policy shall be signed by or on behalf of the insurer, or if the insurer is a corporation, the corporate seal may be sufficient.
(2) Where a policy is subscribed by or on behalf of two or more insurers, each subscription, unless the contrary is expressed, shall constitute a distinct contract with the assured.
(3) Nothing in this section shall be construed as requiring the subscription of a corporation to be under seal.