0
The broker will prepare a slip upon receipt of instructions to insure from ship owner, merchant or other proposers. Proposal forms, so common in other branches of insurances, are unknown in the marine insurance and only the 'slip' so called 'the original slip' is used for the proposal.
The original slip is accompanied with other material information which the broker deems necessary for the purpose. The brokers are expert and well versed in marine insurance law and practice.
The various kinds of marine proposals are altogether too diverse, so elaborate rating schedules are not possible and the proposals are considered on individual merits.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What does mean by marine insurance?
what does mean marine insurance
Where can one purchase marine boat insurance?
You can purchase insurance for Marine Boats from the Global Marine Insurance website. You can also get Marine Boat Insurance from other companies such as BoatUS and United Marine.
What are the characteristics of Marine Insurance?
Characteristics of Marine Insurance
What is the difference between motor insurance and marine insurance?
difference of motor and marine insurance
Impact marine insurance on an economy?
Impact marine insurance on an economy?
What is transit clause in marine insurance?
transit clause marine insurance
What has the author F Templeman written?
F. Templeman has written: 'Templeman on marine insurance' -- subject(s): Insurance, Marine, Law and legislation, Marine Insurance
What is the importance of Marine insurance on business growth?
impotance of marine insurance for international trade?
Difference between marine and non marine insurance?
Marine insurance covers the loss of ships, cargo, terminals, and the loss of cargo. Non-marine insurance does not cover any of these things and would include all other types of insurance.
What has the author S S Huebner written?
S. S. Huebner has written: 'Life insurance; a textbook' -- subject(s): Insurance, Life, Life Insurance 'Property and liability insurance' -- subject(s): Fire Insurance, Insurance, Fire, Insurance, Liability, Insurance, Marine, Insurance, Property, Liability Insurance, Marine Insurance, Property Insurance 'Report on legislative obstructions to the development of marine insurance in the United States' -- subject(s): Insurance, Marine, Marine Insurance 'The main feature of the present foreign trade of the United Kingdom' -- subject(s): Commercial policy, Statistics, Commerce 'Property insurance' -- subject(s): Accessible book, Fire Insurance, Insurance, Marine Insurance, Property Insurance
What commercial marine insurance is offered at global marine insurance?
The company offers the following types of Commercial Marine Insurance: Boat Rental Insurance, Boat Club Insurance, Charter Fleet Insurance and Passenger Boat insurance which includes tours, excursions and ferry.
What is Difference between marine cargo and Marine hull?
marine insurance
