Marine insurance

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marine insurance

See web results for Marine insurance

–noun

1.	ocean marine insurance.

2.	inland marine insurance.

Origin:
1795–1805

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Link To Marine insurance

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Legal Dictionary

Main Entry: ma·rine insurance
Pronunciation: m&-'rEn-
Function: noun
: insurance against loss by damage to or destruction of cargo or the means or instruments of its transportation whether on land, sea, or air —see also INLAND MARINE INSURANCE, OCEAN MARINE INSURANCE

Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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Encyclopedia

marine insurance

contract whereby, for a consideration stipulated to be paid by one interested in a ship or cargo that is subject to the risks of marine navigation, another undertakes to indemnify him against some or all of those risks during a certain period or voyage.

Learn more about marine insurance with a free trial on Britannica.com.

Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
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