Insurance Article: Need for law of insurance in globalised world
The trade and commerce across the world has expanded due to economies of scales in the present world. The export and import of goods and services among various countries are…
The Modalities of Marine Cargo Insurance
Marine transit insurance policies are issued to cover dispatches from anywhere in the country to anywhere in the country. No such policy should be issued without specifying the originating point…
Marine Insurance – A catalyst in the process of liberalisation of general insurance in India
Marine Insurance is the oldest form of insurance originating from England. This was originated when merchants from different parts of
Preparation of Marine Cargo Policies
It is generally observed that most of the marine policies issued are defective. The areas where the mistakes are being committed are in attaching the clauses.
Under Insurance aspect with respect to Marine Cargo Policies Is sum insured average applicable to Marine Cargo Policies
Though Marine Cargo Policies are in principle devised on agreed valued basis, in policies covering especially second hand Machinery under Marine Policies, under Insurance or sum Insured average is quite…
Importance of documents in Marine Hull claims
From the age of Lloyds, who have introduced Marine branch as one of the branches of General Insurance Business, most of the Insurers do not prefer to underwrite Marine Hull…