One who has custody of the property of another. Bailee "for hire" has certain responsibilities to care for the property of others that is in their custody.
It is the wrongful act committed willfully by the master and/or crew against the ship owner.
Bill of exchange
It is the bill drawn by exporter against the importer.
Receipt of goods shipped on a ship signed by the person who contracts to carry them, and stating the terms on which the goods are carried.
A health insurance contract affording benefits, such as Accidental death and disbursement, for the class of people not individually identified. This is essentially used for groups such as athletic teams, campers, travel insurance for employees, etc.
When a condition of the insurance contract is broken by the insured, the insurer may void the contract from the inception.
A marketing specialist who helps customer in purchasing insurance from the insurer and arrange necessary proceedings to attain the coverage required by the customer.
Cargo, usually a homogenous material shipped in bulk i.e., complete shipments.
Purpose built vessel specializing in the shipment of bulk cargoes i.e, iron ore, grain.
It is a theft committed by breaking into or out of the premises. Evidence of breaking in is necessary
Insurance for a business owner against losses resulting from stoppage of business because of fire or other insured peril. The insurance provides reimbursement for lost net profits and necessary standing expenses.