This is a comprehensive guide to underwriting and claims practices for insurance practitioners. It covers topics such as marine insurance and international trade, the basic principles of marine cargo insurance, cargo loss prevention, policy construction and insurable interest.
This book provides a comprehensive introduction to international trade and cargo insurance, before outlining the various requirements for insurable interests reflecting the fundamental indemnity principle of marine insurance and the legal prohibition against gaming and wagering. It also explains marine open cover and details insuring clauses alongside the inherent vice and delay exclusions from specific clauses.
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