Marine Insurance: Its Principles and Practice (Classic Reprint) - Hardcover

Frederick Templeman

Hardcover

ISBN 10: 0266887589 ISBN 13: 9780266887584

Publisher: Forgotten Books, 2017

Synopsis

Essential guidance on marine insurance grounded in practice.

This practical reference covers the principles, rules, and common sense needed to understand how marine insurance works, from general average to freight, salvage, and re-insurance. It presents the rules governors and the courts rely on, with examples that illuminate how policies are interpreted in real cases.

The book explains the scope of risk, how different clauses operate, and how losses are calculated and settled. It also shows how dock and removal costs are handled, what constitutes average on freight and cargo, and how warranties and implied terms affect coverage. Readers will gain a clear sense of the responsibilities of underwriters and insured, and how to approach claims with accuracy and caution.

• Key concepts: general average, salvage, and total vs. particular loss, with practical examples.
• Policy structure and phraseology, including on ship, on goods, and on freight.
• How exclusions, warranties, and re-insurance shape liability and settlement.
• Procedures for claiming, adjusting, and applying for recovery in complex scenarios.

Ideal for students, professionals, and practitioners needing a solid, shop-floor understanding of marine insurance principles and their everyday application in the industry.

Edition details

• Publisher: Forgotten Books
• Publication date: 2017
• Language: English
• ISBN 10: 0266887589
• ISBN 13: 9780266887584
• Binding: Hardcover
• Number of pages: 142