Bibliography: p. 254-256.
|Statement||by John W. Gale.|
|LC Classifications||HE965 .G3|
|The Physical Object|
|Pagination||xiii, 257,  p.|
|Number of Pages||257|
|LC Control Number||38022647|
Marine Insurance: Law and Practice, Second Edition, continues to provide the most comprehensive and integrated account of the English law and practice of marine insurance. It provides readers with a fresh and up-to-date review of the modern law in the light of traditional principles and rules of underlying commercial law, and the specific statutory rules of marine insurance as interpreted by case law, as Cited by: Marine Insurance. Practice of General Insurance. 18 INTRODUCTION. This is the oldest branch of Insurance and is closely linked to the practice of Bottomry which has been referred to in the ancient records of Babylonians and the code of Hammurabi way back in Size: KB. In basic terms there are three main types of marine insurance: hull and machinery, cargo insurance, and P&I Insurance. Protection and Indemnity insurance, or “P&I” as it is usually called, is a shipowner’s. insurance cover for legal liabilities to third parties. Marine insurance is one of the most primitive forms of any insurance arrangements on earth. Greeks and Romans were: ‘in the habit of guarding themselves againstAuthor: Poomintr Sooksripaisarnkit.
and merchants met and the latter would undertake the former in the event of a marine loss and “underwrite” their signatures at the bottom of an insurance policy. These days marine insurance may offer a variety of types of insurance with diverse policies and its practice demands special attention. This act is modelled on the English Marine Insurance Act of Provincial Insurance Acts. Prior to the enactment of the Federal Marine Insurance Act many of the provinces had their own acts governing marine insurance. The British Columbia statute is the Insurance (Marine File Size: KB. The earliest form of marine insurance originated over 3 years ago and insurance was known as a Bottomry Bond when a ship’s hull was referred to as a bottom. This was an advance on the security of the vessel which was refunded with interest if the ship completed the voyage without damage. 1. Term Life Term insurance is the simplest form of life insurance. It pays only if death occurs during the term of the policy, which is usually from one to 30 years. Most term policies have no other benefit provisions. There are two basic types of term life insurance policies: level term and decreasing term.
An introduction to marine insurance: terminology, concepts, types of risk, laws, business, policies and claims - training course by tutored distance learning. (i) Ocean Marine Insurance (ii) Inland Marine Insurance. Ocean marine insurance covers the perils of the sea whereas inland marine insurance is related to the inland risks on the land. Marine insurance is one of the oldest forms of insurance. It has developed with the expansion of trade. Introduction to Insurance and Reinsura nce Coverage J. François Outreville Insurance was created in response to a pervasiv e need for protection against the risk of losses. COVID Resources. Reliable information about the coronavirus (COVID) is available from the World Health Organization (current situation, international travel).Numerous and frequently-updated resource results are available from this ’s WebJunction has pulled together information and resources to assist library staff as they consider how to handle coronavirus.