price by the seller, will not be a maritime peril giving rise to a claim
against the Insurer under a Marine Insurance Policy. When ... perils of the seas, fire, war perils,
pirates, rovers, thieves, captures, seizures, restraints and detainments of
princes and people, jettisons, barratry and any other perils
means any ship, goods or other movables which are exposed to maritime perils; (d) "marine adventure" includes any adventure where- (i) any insurable property ... exposed to maritime perils; (ii) the earnings or acquisition of any freight, passage money, commission, profit or other pecuniary benefit, or the security
peril insured against, but, subject as aforesaid, he is not liable for any loss which is not proximately caused by a peril insured against ... vermin, or for any injury to machinery not proximately caused by maritime perils
includes any
adventure where -
(i) any insurable property is exposed to
maritime perils;
(ii) the earnings or acquisition of any
freight, passage money, commission,
profit ... disbursements is endangered by the
11
exposure of insurable property to
maritime perils;
(iii) any liability to a third party may be
incurred
includes any
adventure where (i) any insurable property is exposed to
maritime perils; (ii) the earnings or acquisition of any
freight, passage money, commission, profit ... disbursements is endangered by the exposure of insurable
property to maritime perils; (iii) any liability to a third
party may be incurred by the owner
including any adventure where.
(i) any insurable property is exposed to maritime perils;
(ii) the earnings or acquisition of any freight, passage money, commission, profit ... maritime perils" as "the perils consequent on, or incidental to, the navigation of the sea, that is to say, perils
expression “marine adventure” is defined by
Section 2(d) . Similarly, “maritime peril” referred to in “marine adventure” is
defined in Section 2(e) . Those definitions ... includes any adventure where -
(i) any insurable property is exposed to maritime perils;
(ii) the earnings or acquisition of any freight, passage money, commission,
profit
includes any adventure where (i) any insurable property is exposed to maritime perils; (ii) the earnings or acquisition of any fright passage money, commission, profit ... perils consequent on or incidental to, the navigation of the sea that is to say, perils of the sea, fire, war perils, pirates, rovers, thieves
marine adventure."
The expression "marine adventure" and "maritime perils" have been defined in clauses (d) and (e) of section ... definition of the expressions "marine insurance", "maritime adventure" and "maritime perils" contained in the Marine Insurance Act also goes
adventure where -
(i) "any insurable property is exposed to maritime perils; tc" (i) any insurable property is exposed to maritime perils ... disbursements is endangered by the exposure of insurable property to maritime perils;"
(iii) "any liability to a third party may be incurred