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marine insurance

1795-1805 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for marine insurance
  • marine insurance is divided into inland marine and ocean marine insurance.
  • Woods stated he thought this to be marine insurance and therefore exempt from our regulation.
British Dictionary definitions for marine insurance

marine insurance

insurance covering damage to or loss of ship, passengers, or cargo caused by the sea
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Encyclopedia Article for 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.

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Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
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