MARINE INSURANCE
The oldest form of Insurance, dating back to the coffee houses of the 18th century, it is defined as a contract whereby the marine insurer undertakes to indemnify the assured in the manner agreed on the policy, against losses for marine adventure.
A marine adventure was first defined in law by the 1906 Marine Insurance Act as existing where
1) tangible property is exposed to loss by maritime perils
2) any pecuniary interest etc, is thereby endangered
3) any third party liability which may be incurred.
Voyages must be lawful for the boat to be insurable.
Specialist Marine Insurance - Boat, Small Boat, Yacht, Small Watercraft, Large Watercraft, Barges, Speedboats, Houseboats, Motor Cruiser, Mega and Super Yacht, Ship and Shipping Insurance portal
A panel of UK based Marine Insurance Brokers at Lloyds compete for your business!
Offering Free Quotes - Worldwide Marine and Boat Insurance cover and global risks available.
All underwriters and marine insurance brokers on the panel are members of Lloyds of London and are regulated by the Financial Services Authority -FSA. All policies introduced through this website are covered by the FSA Financial Services Compensation Scheme.
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