It is issued for a substantial amount to cover shipments or sending during a particular period of time. Declarations are made under the open policy and these go ...

The Marine Insurance Act 1906 of UK (MIA 1906) was adopted in India and the Indian Act of 1963 is a replica of the UK Act barring some very minor differences.

Marine Insurance refers to where the insurer compensates the insured when the latter suffers from financial loss from marine perils against the premium paid ...

Ship (hull) insu- rance policy. Its main objective is to cover loss and damage to the ship resul- ting from accidents, events or perils of the sea.

The insurer under a contract of marine insurance has an insurable interest in his risk, and may re-insure in respect of it; but unless the policy otherwise ...

A fundamental principle of marine insurance is that, in order to obtain insurance coverage, there must be some sort of legal or equitable relation between the.

Our marine insurance policies are drawn up on the model of Lloyd's policy. Many of our policies are re-insured in England, and these re-insurance policies are ...

A contract or policy of marine insurance is an arrangement whereby one person, called the insurer or underwriter, agrees, according to specific terms of the con ...

▫ A contract of marine insurance may cover mixed sea and land or sea and inland waters risks (e.g. the Transit Clause under the Institute Cargo Clauses: “ ...

This book is designed to give its readers an overview of the South African law of marine insurance. The focus will be on marine cargo insurance because the ...