English Economics: Insurance

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MARINE CARGO INSURANCE ThiNganHang.com ThiNganHang.com 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. ThiNganHang.com ThiNganHang.com Feature o…

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Tên tài liệu: English Economics: Insurance
Nội dung: MARINE CARGO INSURANCE ThiNganHang.com ThiNganHang.com 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. ThiNganHang.com ThiNganHang.com Feature of marine insurance  It is based on Utmost good faith I.e: both the insured and…
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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. ThiNganHang.com ThiNganHang.com

Trang 3

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 ThiNganHang.com ThiNganHang.com

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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