Tokio Marine Malayan Insurance Co., Inc., V. ValdezFull description
All About Marine Insurance Law in India By Komal SrivastavaFull description
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A brief document of the importance of the Fund Deposit. Very useful, especially for economists!Description complète
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2
MA’AM ARIBA KHAN
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Presented By:
Aisha Akram
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Roll# 01 3 •
Fehmida Akram
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History of Marine Insurance One of the earliest forms of insurance Established in the Mediterranean Sea in 2,000BC 5
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Commercial Agreements
Bottomory
Respondentia
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BOTTOMRY Bottomry was a transaction protecting an
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Respondentia In Respondentia the ship’s cargo ,rather than the ship itself, was the subject of the loan.
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Therefore,
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Marine Insurance “Marine Insurance covers the loss or damage of ships, cargo, terminals, and any transport or property by which cargo is transferred, acquired, or held between
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Need For Insurance Exporters and importers face all the time
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Risks in Marine
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INLAND MARINE INSURANCE • A broad form of insurance, generally covering articles in transit as well as bridges, tunnels and other means of transportation and
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Inland Marine Insurance • marine insurers are allowed to insure property in the following categories: • • Imports and exports; • • Domestic shipments; • • Instrumentalities of
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Inland Marine Insurance • Certain types of property owned by individuals (including jewelry, furs, musical instruments and more) • Certain types of property p roperty related related
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TYPES OF POLICY 1) Time policy 2) Voyage policy 3) Mixed policy 35 35
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1) Time policy • A certain time limit • usually not ex exceeding ceeding 12 months. • In using a time policy, the most important question is whether
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2) Voyage policy • This is a policy that operates for the
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3) Mixed policy
• This is a policy that covers the
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Common Exclusions Loss, damage or expenses attributable to willful misconduct of the assured Ordinary losses
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Marine Insurance
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Try Scribd FREE for 30 days to access over 125 million titles without ads or interruptions! Start Free Trial Cancel Anytime.
The world’s largest digital library
Try Scribd FREE for 30 days to access over 125 million titles without ads or interruptions! Start Free Trial Cancel Anytime.
The world’s largest digital library
Try Scribd FREE for 30 days to access over 125 million titles without ads or interruptions! Start Free Trial Cancel Anytime.
The world’s largest digital library
Try Scribd FREE for 30 days to access over 125 million titles without ads or interruptions! Start Free Trial Cancel Anytime.
The world’s largest digital library
Try Scribd FREE for 30 days to access over 125 million titles without ads or interruptions! Start Free Trial Cancel Anytime.
The world’s largest digital library
Try Scribd FREE for 30 days to access over 125 million titles without ads or interruptions! Start Free Trial Cancel Anytime.
The world’s largest digital library
Try Scribd FREE for 30 days to access over 125 million titles without ads or interruptions! Start Free Trial Cancel Anytime.
The world’s largest digital library
Try Scribd FREE for 30 days to access over 125 million titles without ads or interruptions! Start Free Trial Cancel Anytime.
The world’s largest digital library
Try Scribd FREE for 30 days to access over 125 million titles without ads or interruptions! Start Free Trial Cancel Anytime.