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IC-S04 – MARINE HULL INSURANCE

By IPG Consultants

IC-S04 – MARINE HULL INSURANCE

Section II, for Insurance Surveyor's License. 625 questions in 25 mock tests

Overview

CLAIMS ON POLICIES OF INSURANCE ON SHIPS-; Claims generally and amounts recoverable in respect of total loss, partial loss, general average, etc.- Marine insurance coverages for hull and machinery – Measure of indemnity – successive losses – Notice of claim to Insurers – survey arrangements – removal expenses – Warranties – Policy Deductible- – Dry docking expenses – Gas freeing – Wages & Maintenance – Fuel & Stores – Bottom Treatment – Agency Commission. – Sue and Labour Charges : Ocean-going Vessels,Sailing Vessels, Fishing Vessels, Inland waters Vessels – Hull Surveys.

COLLISION LIABILITIES CLAIMS ―Collision‖ – How collision liabilities may arise – Three-Fourths Collision Liability Clause – Single and Cross Liabilities – Maritime Conventions Act, 1911 – Limitation of liability – Deductible – Position of cargo owners – Sister-ship Clause – Demurrage – P. & I. Associations - 

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