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 ?
Contact: Franca Bruno Marino Partners LLP(914) 368-4525Email
Pierre Moscovici, Commissioner for Economic and Financial Affairs, Taxation and Customs, said: "This agreement between the EU and San Marino is an excellent example of the new norms for global transparency on tax issues.
Then Marino hiked parking meter fees, an unpopular move among Romans who have abandoned the capital's strike-prone mass transit system in droves.
During the talks in expanded format with Minister of Industry of San Marino Marco Arzili, the sides discussed prospects of bilateral relations and identified a list of joint economic projects for implementation.
Each spring, the Da Marino chef uses ingredients that he has grown and harvested from his Connecticut garden for use in the restaurant.
The United States provides no development assistance to San Marino.
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.
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.
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.
Marino became the commanding officer of the high-crime 75th Precinct in 2002 and left in 2005 when he became second in command in north Brooklyn.
com/video/xyepi7_san-marino-vs-england-0-1-della-valle-own-goal_sport) San Marino vs England 0.
Marino was inducted into the Pro Football Hall of Fame in 2005, and his name always comes up when the conversation centers on the greatest quarterbacks of all time.