... company will issue you with a Certificate of Insurance, which you will have to produce should you to need to make a claim. When marine insurance cover has been taken out, the cargo owner only needs to have evidence of loss to make a claim, whereas ...

During those days when communication facilities did not exist, ships were heard or seen only on return from the voyage. The Masters of the ship had ultimate responsibilities of the ship.

A ship may require extraordinary expenditures in ...

... .

<b>Types of coverage<b>

There are essentially 4 types of marine insurance coverage:
<ul type=disc>
<li><b>Physical damage:</b& ...

If you need marine insurance, you will soon hear the term "navigation territory." The concept of the navigation territory is used by insurance underwriters to assign limits to the risk they assume. Consequently, the insured party must operate ...

... of source and final destination. Marine insurance is the oldest kind of insurance which is the source of non- marine insurance and reinsurance. At present it is commonly combined with Aviation and (Transit) cargo risks, commonly called as MAT (Marine ...

... insured peril and the excepted one cannot be separated.
The principle of causa proxima applies mostly in fire and marine insurances,it is applicable in the life insurance as well because in 'personal accident policies' the proximate cause of ...