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46 CFR § 308.505 - General.

---
identifier: "/us/cfr/t46/s308.505"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "46 CFR § 308.505 - General."
title_number: 46
title_name: "Shipping"
section_number: "308.505"
section_name: "General."
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: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
regulatory_source: "79 FR 17898, Mar. 31, 2014, unless otherwise noted."
cfr_part: "308"
---

# 308.505 General.

The Maritime Administrator is prepared to provide an open cargo war risk insurance policy covering any cargoes described in § 308.501. The policy will be in the standard form of War Risk Open Cargo Policy, Form MA-300, prescribed in § 308.517. All policies will be issued by underwriting agents appointed by the Maritime Administrator. All underwriting agents will be domestic insurance companies authorized to do a marine insurance business in a State of the United States.