Maritime Studies

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October 6, 2023 4 min read Definitions
Free of Particular Average in Marine Insurance: Understanding the Clause
Insurance Maritime Studies Law Marine Insurance Free of Particular Average Deductible Insurance Contracts Maritime Law
Learn about the 'Free of Particular Average' clause in marine insurance contracts. Find out how it functions like a deductible, where losses below a specified amount are not covered.
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October 3, 2023 4 min read Definitions
Understanding Bottomry in Property Insurance
Insurance Maritime Studies Finance Bottomry Maritime Insurance Property Insurance Collateral Maritime Law Risk Management
Explore the concept of Bottomry in Property Insurance, an insurance contract using a ship or its cargo as collateral for maritime voyage loans. Learn how it impacts loan repayments in maritime losses.
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October 3, 2023 4 min read Definitions
Understanding Protection and Indemnity Insurance in Property Coverage
Insurance Maritime Studies Law Insurance Property Insurance Marine Insurance Maritime Law
Discover how Protection and Indemnity Insurance provides coverage for shipowners against negligence-related damages to crew or cargo. Learn about the scope and benefits of this specialized property insurance.
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