The Principles of Marine Insurance: A Primer

accept according actual additional adjustment adventure agent agreed agreement allowed amount apply arising assured average avoid bill breach broker buyer cargo carried carrier caused charges circumstances claim clause collision commencement common companies consequence constructive contract contract of sale contribution cost course cover damage deduction delivery destination deviation discharge effected event exclusion expenses express extended fact freight hull implied important incurred indemnity Institute insured value interest issued liability limit Lloyd's loss or damage Marine Insurance Act material matter means named naturally necessary original otherwise owner paid partial particular parties perils period person port practice premium protection rates reasonable reference regard reinsurance relation repairs respect risk Rule salvage saving Schedule seller ship shipments shipowner slip specifically subject-matter insured total loss trade transit underwriters unless usually vessel voyage warranty