Maritime Law

Free of Particular Average in Marine Insurance: Understanding the Clause
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.
Understanding General Average in Marine Insurance
Learn about the concept of General Average, a crucial term in marine insurance, which involves a partial loss incurred to prevent complete damage to a maritime venture.
Understanding Bottomry in Property Insurance
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.
Understanding Libel in Legal Terminology
Explore the dual definitions of libel - a defamatory printed statement and a maritime legal action. Learn the nuances and exceptions in legal contexts.
Understanding Protection and Indemnity Insurance in Property Coverage
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.

Insurance Terms Lexicon

Explore comprehensive definitions, etymologies, synonyms, antonyms, facts, quotes, government regulations, references, and quizzes related to insurance terms. Ideal for professionals, students, and enthusiasts.

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