Learn about yacht insurance, a type of property insurance that provides coverage for pleasure boats against collision, hull damage, and liability indemnity.
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.
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.
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.
Explore the dual definitions of libel - a defamatory printed statement and a maritime legal action. Learn the nuances and exceptions in legal contexts.
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.
Explore comprehensive definitions, etymologies, synonyms, antonyms, facts, quotes, government regulations, references, and quizzes related to insurance terms. Ideal for professionals, students, and enthusiasts.