46 CFR § 308.502 - Additional insurance.

---
identifier: "/us/cfr/t46/s308.502"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "46 CFR § 308.502 - Additional insurance."
title_number: 46
title_name: "Shipping"
section_number: "308.502"
section_name: "Additional insurance."
chapter_name: "MARITIME ADMINISTRATION, DEPARTMENT OF TRANSPORTATION"
subchapter_number: "G"
subchapter_name: "EMERGENCY OPERATIONS"
part_number: "308"
part_name: "WAR RISK INSURANCE"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
regulatory_source: "79 FR 17898, Mar. 31, 2014, unless otherwise noted."
cfr_part: "308"
---


# 308.502 Additional insurance.

The assured may place increased value or additional insurance in other markets beyond the amount of insurance provided by the Maritime Administrator, but such insurance must be non-participating with the Maritime Administrator's coverage, and without benefit of salvage or right of contribution.