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TYPES OF MARINE INSURANCE
HULL AND MACHINERY INSURANCE THIS COVERS THE SHIP ITSELF, MACHINERY AND EQUIPMENTS. LOSS OF TIME FOLLOWING THE DAMAGE TO THE SHIP IS COVERED UNDER LOSS OF HIRE INSURANCE. FURTHERMORE, THE […]
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MARINE INSURANCE AND ITS PRINCIPLES
According to the Marine Insurance Act: A contract of marine insurance is an agreement whereby the insurerundertakes to indemnify the assured, in the manner and to the extent thereby agreed, […]
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CASUALTY INVESTIGATION CODE
THIS CODE AIMS TO PROVIDE A COMMON APPROACH TO THE STATES TO CARRY OUT MARINE CASUALTY INVESTIGATION. ITS PURPOSE IS NOT TO ASCERTAIN BLAME ON ANY INDIVIDUAL BUT TO FIND […]
