The article outlines legal characteristics marine insurance contract under Polish law. Marine insurance is a codified contract, governed expressly by Title VIII of the Polish Maritime Code. It is concluded by mere consent of the parties (consensual contract), it is bilateral, aleatory and it entails consideration in money. Its main characteristic is the requirement of utmost good faith (uberrima fides). It is a standard form contract (contract of adhesion) and often operates in context of permanent contractual relationships.

The author notes, however, disagreements within academia as to aleatory natureof maritime insurance.