Which Statement Is False Regarding Marine Insurance in Scotland

Which statement is false regarding marine insurance in Scotland?

A) Marine insurance policies cover most marine activities including liability to third parties in the event of difficulties while at sea.
B) Marine insurance policies tend to be exacting.
C) Before an insurer will sign a policy,the value of the item insured must be specified in the contract.
D) Scotland has a Marine Insurance Act in its mercantile law that addresses insurance contracts.
E) Marine insurance policies are among the most simple and easy to understand insurance policies.