The Marine Insurance Act, 1906 |
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Common terms and phrases
adjustment adventure affreightment Anglo-Californian Bank Arnould Assn assured average loss barratry bills of lading Blackburn bottomry broker cargo Carriage by Sea charter party chartered freight Code constructive total loss contract of marine cost Custom of Lloyd's damage deducted disclose effected entitled expenses Howlands Island incurred insurable interest insurable value insurer may avoid Ionides Janson labour clause Laws of England London Lord Esher Lord Herschell Lord Mansfield marine insurance Marine Insurance Act marine policy master McArthur measure of indemnity NOTE notice of abandonment owner partial loss particular average party peril insured piracy policy of sea Policy on ship premium Proposed and Accepted provisions re-insurance recover repairs risk Royal Exchange rule Sailing salvage charges Sched sea insurance seaworthiness SECT shipowner Stamp Stamp Act Steamship subject-matter insured subrogation Thames and Mersey transhipment underwriters Union Mar usage valued policy Vict voyage policy warranted free
Popular passages
Page 149 - And it is agreed by us, the Insurers, that this writing or Policy of Assurance shall be of as much Force and Effect as the surest Writing or Policy of Assurance Heretofore made in Lombard Street, or in the Royal Exchange, or elsewhere in London.
Page 149 - NB — Corn, fish, salt, fruit, flour, and seed are warranted free from average, unless general, or the ship be stranded — sugar, tobacco, hemp, flax, hides and skins are warranted free from average, under five pounds per cent., and all other goods, also the ship and freight, are warranted free from average, under three pounds per cent, unless general, or the ship be stranded.
Page 148 - ... of the seas, men of war, fire, enemies, pirates, rovers, thieves, jettisons, letters of mart and countermart, surprisals, takings at sea, arrests, restraints, and detainments of all kings, princes, and people, of what nation, condition, or quality soever, barratry of the master and mariners, and of all other perils, losses, and misfortunes, that have or shall come to the hurt, detriment, or damage of the said goods and merchandises, and ship, &c, or any part thereof.
Page 169 - Provided that where delivery has been delayed through the fault of either buyer or seller the goods are at the risk of the party in fault as regards any loss which might not have occurred but for such fault.
Page 169 - ... course of transit, the buyer may decline to treat the delivery to the carrier as a delivery to himself, or may hold the seller responsible in damages. (3.) Unless otherwise agreed, where goods are sent by the seller to the buyer by...
Page 189 - Boilers) to be regulated by the age of the ship, and not the age of the particular part of her to which they apply. No painting bottom to be allowed if the bottom has not been painted within six months previous to the date of accident.
Page 22 - Be it known that as well in own name as for and in the name and names of all and every other person or persons to whom the same doth, may, or shall appertain, in part or in all...
Page 95 - Notice of abandonment may be given in writing, or by word of mouth, or partly in writing and partly by word of mouth, and may be given in any terms which indicate the intention of the assured to abandon his insured interest in the subject-matter insured unconditionally to the insurer.
Page 78 - Subject to the provisions of this Act, and unless the policy otherwise provides, the insurer is liable for any loss proximately caused by a peril insured against...
Page 27 - ... (a) Every material circumstance which is known to himself, and an agent to insure is deemed to know every circumstance which in the ordinary course of business ought to be known by...