English Economics: Insurance
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MARINE CARGO INSURANCE Marine insurance Marine Insurance covers the loss or damage of ships, cargo, terminals, and any transport or property by which cargo is transferred, acquired, or held between the points of origin and final destination. Feature of marine insurance It is based on “Utmost good faith” I.e: both the insured and the insurer’s must disclosed: - Everything which is in their knowledge and - Can affect the contract of insurance It is a contract of indemnity
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English Economics: Insurance
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Trích nội dung tài liệu
MARINE CARGO INSURANCE Marine insurance Marine Insurance covers the loss or damage of ships, cargo, terminals, and any transport or property by which cargo is transferred, acquired, or held between the points of origin and final destination. Feature of marine insurance It is based on “Utmost good faith” I.e: both the insured and the insurer’s must disclosed: - Everything which is in their knowledge and - Can affect the contract of insurance It is a contract of indemnity
- Document name
- English Economics: Insurance
- Table of contents
- This document has no clear table of contents.
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- 26 pages
- Uploaded by
- ThiNganHang
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