Marine Insurance General

Salvage services performed with any contract are known as ________

Should 2 ships belonging to the same owner were to collide, they will be treated as ________

In hull insurance, its covers loss of or damage to the subject insured caused by one of the following:

A marine loss is either total loss or partial loss. Total loss may be _________

When a vessel collides with another vessel, the limit of an insurers liability under ITC Hull 1/10/83 for 3/4 RDC is

In case of any loss or misfortune, to take measure to minimize the loss is a duty known as

In ICC, duration of coverage in the transit clause cover in expiry of ___after completion of discharge at the final port

The doctrine of GA, so called loss is borne _____by all the parties involved

In hull insurance, the insurance covers loss of or damage to the subject insured caused by one of the following

Deductible for a claim is the amount that the assured may ___________

P&I coverage for shipowners for cargo damage is generally due to ________

Proximate cause is ______

The basis of marine insurance is to ________

In the absence of inquiry, the following circumstances need not be disclosed, namely

An insurance policy is an important document, it is an evidence of a __________

What is the main risk to the ship owner if the marine adventure is not safely completed

When the ship is missing and after lapse of reasonable time, no news of it has been received, a _______may be presumed.

Maritime perils means the perils consequence on, incidental to, the ________

In hull insurance, it cover the insured subject caused by one of the following:

GA adjustment are generally according to York Antwerp Rules. In the absence of it then______

For General Average to declare, following components must be in place

The SCOPIC clause in salvage deals with _______

P&I Club is an ____insurance society

A warranty which does not exist in the policy and understood by law to be present is ________

Institute Cargo Clauses B, sometime known as WPA stands for:

Institute Warranty Trading are express to limit the vessel from trading on __________

Where a subject matter insured is totally destroyed for eg ship or cargo totally burnt, it is

A ship is deemed to be ______when she is reasonably fit in all respects to encounter the ordinary perils of the seas.

Protection mean that the insurance cover assistance when a ship is involved in an accident, ship owner and ___need help

When a vessel is laid up in port, there is _________risk of loss or damage than when at sea.

In insurance claim , to indemnify is to _____

The P&I Club provides compensation in the form of ______cover for the ship, seafarers and cargo

When a vessel collides with another vessel, the limit of insurers liability is

Should the vessel at the expiration of the insurance be at sea or at port of refuge, the owners

Subrogation arises due to __________

"Perils of the sea'includes:

in insurance on freight, whether paid in advance or otherwise, the insurable value is the ____of the freight

Marine Cargo Insurance covers not only goods carried by ship but also______

Amongst the advantages of a marine cargo open policy is :

Without Prejudice in insurance terms means:

Time policy is generally for _______

Warranties in insurance contracts are:

Institute Warranty Trading are express to limit the vessel from trading on ___________

Any one casualty, if there are several accidents during the period of insurance, the insurer is liable for

Two ships belong to same owner were to collide, they will not claim for damage to one another, they are treated as_____

P&I coverage for ship owner for cargo damage is generally due to ___________

Reinsurance is insurance for_____

A warranty may be express or implied. Implied warranty does not appear in the policy, because it is _______

In Institute Cargo Clause (B) it covers one of the following

In marine insurance, not everything is insurable, it must exist one of the following:

Any one accident, if several accidents within the period of insurance the insurer is liable for _______

Marine insurance does not cover __________

The Marine Insurance Act 1906 was codified as marine insurance law is applicable to:

Time policies on hull and freight are usually incorporate what is known as _________ clause

In ITC-hull 1/10/83, perils do not include one of the following:

The SG form is a document for________

Protection means that the insurance covers assistance when a ship is involved in an accident and the shipowner and _____

A contract of marine insurance is a contract whereby the insurer undertakes to _____the assured