- ocean marine insurance
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insurance covering risks involving the transporting of persons or goods on the high seas. Cf. inland marine insurance.
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Universalium. 2010.
ocean marine insurance
Look at other dictionaries:
ocean marine insurance — ocean ma·rine insurance n: insurance against risks incident to transportation by sea compare inland marine insurance, marine insurance Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
ocean marine insurance — noun : insurance against risks incident to transportation by sea compare inland marine insurance, marine insurance * * * insurance covering risks involving the transporting of persons or goods on the high seas. Cf. inland marine insurance … Useful english dictionary
marine insurance — ma·rine insurance /mə rēn / n: insurance against loss by damage to or destruction of cargo or the means or instruments of its transportation whether on land, sea, or air see also inland marine insurance, ocean marine insurance Merriam Webster’s… … Law dictionary
marine insurance — noun : insurance against loss by damage or destruction of cargo, freight, merchandise, or the means or instruments of transportation and communication whether on land, sea, or air compare inland marine insurance, ocean marine insurance * * * 1.… … Useful english dictionary
marine insurance — 1. See ocean marine insurance. 2. See inland marine insurance. [1795 1805] * * * contract whereby, for a consideration stipulated to be paid by one interested in a ship or cargo that is subject to the risks of marine navigation, another… … Universalium
inland marine insurance — insurance chiefly covering risks to goods and means of transportation involved in the transporting of goods overland or by inland waterways. Cf. ocean marine insurance. * * * … Universalium
Marine insurance — Marine Ma*rine , a. [L. marinus, fr. mare the sea: cf. F. marin. See {Mere} a pool.] 1. Of or pertaining to the sea; having to do with the ocean, or with navigation or naval affairs; nautical; as, marine productions or bodies; marine shells; a… … The Collaborative International Dictionary of English
Inland marine insurance — indemnifies loss to moving or movable property and is an outgrowth of ocean marine insurance. Historically, ocean marine insurance held the transporter responsible for property loss before, during, and after the completion of the voyage. In the… … Wikipedia
inland marine insurance — noun : insurance against loss of or damage to property transported in domestic commerce, instruments of transport and communication, and personal property compare floater 8, marine insurance, ocean marine insurance * * * insurance chiefly… … Useful english dictionary
inland marine insurance — in·land marine insurance n: insurance against loss of or damage to property transported in domestic commerce, instrumentalities of transport and communication, and personal property compare marine insurance, ocean marine insurance Merriam… … Law dictionary
