Marine


Also found in: Dictionary, Thesaurus, Medical, Acronyms, Idioms, Encyclopedia, Wikipedia.

INSURANCE, MARINE, contracts. Marine insurance is a contract whereby one party, for a stipulated premium, undertakes to indemnify the other against certain perils or sea risks, to which his ship, freight, or cargo, or some of them may be exposed, during a certain voyage, or a fixed period of time. 3 Kent, Com. 203; Boulay-Paty, Dr. Commercial, t. 10.
     2. This contract is usually reduced to writing; the instrument is called a policy of insurance. (q. v.)
     3. All persons, whether natives, citizens, or aliens, may be insured, with the exception of alien enemies.
     4. The insurance may be of goods on a certain ship, or without naming any, as upon goods on board any ship or ships. The subject insured must be an insurable legal interest.
     5. The contract requires the most perfect good faith; if the insured make false representations to the insurer, in order to procure his insurance upon better terms, it will avoid the contract, though the loss arose from a cause unconnected with the misrepresentation, or the concealment happened through mistake, neglect, or accident, without any fraudulent intention. Vide Kent, Com. Lecture, 48; Marsh. Ins. c. 4; Pardessus, Dr. Com. part 4, t. 5, n. 756, et seq.; Boulay-Paty, Dr. Com. t. 10.

MARINE. Whatever concerns the navigation of the sea, and forms the naval power of a nation is called its marine.

References in periodicals archive ?
This is a well-written book whose low-key and personable style belies the intensity and strength that these Marines personified in taking the city.
John Digiovanni, the avionics officer of Marine Aviation Logistics Squadron 36.
The documentary, which is available on the Jarhead collector's edition DVD, chronicles the real life experiences of several Marine Corps Iraq War veterans and a Persian Gulf War veteran.
Marine cargo insurance policies cover cargo going in and out of the United States, while inland marine policies cover common carriers moving across the country.
He was assigned to 1st Battalion, 5th Marine Regiment, 1st Marine Division, I Marine Expeditionary Force, Camp Pendleton.
The first MDA consideration is the effective understanding of anything in the marine environment that could adversely affect America's security, safety, economy, or environment.
The Marine and Freshwater Biomedical Sciences Centers
You can only get a glimpse of the marine ecosystem through experiments and the occasional foray.
Unfortunately with OIF underway, the Marine Corps was stretched too thin to assign an embarkation specialist to our squadron.
To date, only one human infection with a marine mammal strain has been reported; this infection occurred in a research laboratory worker after occupational exposure (9).
In fact, Mercury Marine was producing more than 95% of all diecast components and 100% of all lost foam components in-house.
With that foundation, Gray concentrated on improving fighting capability by insisting that every Marine undergo infantry training and restoring combat training to boot camp.