Marine

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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 ?
David Colindres, President of the San Marino Aircraft Registry, adds: In San Marino, we have structured our registration service to maximise benefits for aircraft owners benefits which we can now offer to Luxaviations customers.
Marino introduced three versions of the Ensuring Patient Access and Effective Drug Enforcement Act between 2014 and 2015 before H.
San Marino and the United States belong to a number of the same international organizations, including the United Nations, Organization for Security and Cooperation in Europe, International Monetary Fund, and World Bank.
Since 1994, Marino was one of the co-founders of BioNJ, a trade association of biotech companies.
Marino this summer drove his Fiat into the heart of Rome after his own permit had expired.
It is these standards that have made Da Marino one of the most popular restaurants in all of New York City, and visitors to Times Square know that there is always a fine meal waiting for them in this convenient location.
Their advantage quickly doubled five minutes into the second half as Swansea midfielder Lucas despatched a magnificent 30-yard strike beyond Massimo Francioni in the San Marino goal.
Wesley Burns missed the target for Wales but the game was a bit stop-start until midway through the first half when San Marino took the lead.
San Marino were buried by goals from Brazilian-born Edmar plus Yevhen Khacheridi (2), Yevhen Seleznyov, Marko Devic, Yevgen Konoplianka, Roman Bezus, Artem Fedetskiy and Yaroslav Rakitskiy.
Marino testified when he got to the 75th Precinct he discovered each cop was writing only five summonses a month.
I always wanted to win a Super Bowl but I obviously never reached that goal," Marino says, "But at the same time I had an incredible career and made it to the Hall of Fame.
San Marino are ranked the joint worst team in the world by FIFA and the fact they lost 8-0 to Finland not long ago gives you some idea of how bad they are.