In explaining the principles of marine insurance, this video explains the following:
insurable interests, Interests which may be insured, When must the interest exist? Indemnity, Subrogation, Utmost Good Faith, Contracts ‘Uberrimae Fidei’ , and Non-disclosure.
Contents of this video will benefit mariners preparing for exams (written and oral examinations).
Mariners will also benefit by watching the following videos:
Salvage at sea:
Salvage and Towage:
SCOPIC clause:
Letter of protest and sea protest:
Free pratique:
Time and demise charter:
Voyage, time, demise and bareboat charter:
Franchise in marine insurance:
General average and particular average:
Notice of claim, tender clause and deductible:
Subrogation and notice of abandonment:
Total loss of vessels:
Running down and sister ship clause:
Safe berth and safe port:
Indemnity Clause:
Exception Clause:
Full reach and withdrawal and cesser clause:
Offhire clause and performance clause:
Port of refuge:
Deviation from voyage:
Voyage charter:
Time charter:
Note of protest:
Treaty and convention:
Meaning of protocol:
International Law Terms:
Inspection and survey:
Classification survey:
Vetting inspections:
P&I Club:
Master’s obligations with P&I Claims:
How is a convention adopted by IMO?
How does an IMO convention enter into force?
How does IMO implement legislation?
How is a convention amended at IMO?
What is the International Chamber of Shipping?
What is the International Shipping Federation?
source
Principles of Marine Insurance – Insurable Interest, Indemnity, Subrogation and others
