Voyage policy

Voyage policy. A contract to insure the subject-matter “at and from” or from one place to another or others (section 25 (1) of the Marine Insurance Act 1906, e.g., “from Liverpool to Hong Kong” (Cargo is generally insured under a voyage policy and ships under a time policy although both type of policy are equally applicable to cargo and ships. Voyage policies can be used for hulls, e.g., on delivery or scrapping voyages.)


Share this:

Written by Ship Inspection

Leave a Reply

Voyage estimating