Marine insurance definition

Marine insurance means each insurance against loss or destruction of or damage to aircraft, vessels, or watercraft and their cargoes; insurance covering the risks or perils of navigation, transit, or transportation of all forms of property, including the liability of a carrier for hire for the loss of property of shippers delivered for transporting; marine builder's risks; bridges, tunnels, piers, wharves, docks and slips, dry docks, marine railways, and other aids to navigation and transportation, precious stones, precious metals, and jewelry, whether in the course of transportation or otherwise; coverage of personal property by all risk forms known as the "Personal Property Floater"; and coverage of mobile machinery and equipment.
Marine insurance means insurance against,
Marine insurance means insurance against any kind of loss or damage to:

Examples of Marine insurance in a sentence

  • Marine insurance is designed to cover cargo movements from one location to another by air or sea, usually via commercial shipping or similar conveyances.

  • Marine insurance is a non-renewable contract usually covering 1 month or less.

  • Marine insurance typically compensates the owner of merchandise for losses sustained from fire, shipwreck, etc., but excludes losses that can be recovered from the carrier.

  • Marine insurance - Duties of insurer - To reimburse insured for costs of protecting insurer's interests (incl.

  • PROPERTY AND INLAND MARINE WAIVER OF SUBROGATION: Any Property or Inland Marine insurance policies (such as are used to insure contractors’ equipment) maintained by CONTRACTOR in performance of the Agreement shall be endorsed to state that the insurer shall waive all rights of subrogation against DISTRICTS and COUNTY OF SACRAMENTO.


More Definitions of Marine insurance

Marine insurance means each insurance against loss or destruction of or damage to aircraft, vessels, or watercraft and their cargoes; insurance covering the risks or perils of navigation, transit, or transportation of all forms of property, including the liability of a carrier for hire for the loss of property of shippers delivered for transporting; marine builder’s risks; bridges, tunnels, piers, wharves, docks and slips, dry docks, marine railways, and other aids to navigation and transportation, precious stones, precious metals, and
Marine insurance means marine insurance as defined in section 3 of the Marine Insurance Act 1908:
Marine insurance means any insurance (except reassurance) made on any vessel or on the machinery, tackle or furniture of any vessel or on any goods, merchandise or property of any description whatsoever on board any vessel or on the freight of or any other interest
Marine insurance means insurance upon ocean and inland risks and transportation but not including any other casualty insurance as may be provided in the division.
Marine insurance means any and all policies of contracts of insurance or indemnification cover as the Bank may reasonably require from time to time (including, but not limited to, hull and machinery, protection and indemnity and war risks) pertaining to any one or more of the Vessels.
Marine insurance means insurance against losses incidental to marine adventure and may include, by the express terms of a
Marine insurance means insurance against liability arising out of bodily injury to, or the death of, a person or the loss of or damage to property during a voyage or marine adventure at sea or on an inland waterway, or during incidental delay or during transit, otherwise than by water, incidental to such a voyage or marine adventure; "mortgage insurance" means insurance against loss caused by default on the part of a borrower under a loan secured by a mortgage on real property, a hypothec on immovable property or an interest in real or immovable property;