How can we help?
-
Home Insurance
- Can I own a home without domestic package insurance?
- Can I purchase domestic package insurance if I'm renting a house?
- How are claims paid under various Sections?
- How do I file a claim under domestic package insurance?
- How often should I review my policy?
- What information do I need to provide to my agent,broker or insurer when proposing or renewing cover?
- What is a standard domestic package insurance cover?
- What is domestic package insurance?
- What kind of domestic package cover is adequate?
- What should I do if I am leaving the house unoccupied for sometime?
- What type of insurance do I need for a house purchased through a mortgage?
- Which are the common types of misfortunes covered in a domestic package insurance?
- Why is it important to take a home inventory?
-
Motor Insurance
- How do I file a motor insurance claim?
- How is the premium of motor insurance determined?
- Is motor insurance compulsory in Kenya?
- What are my rights when filing a claim?
- What are the different types of motor claims?
- What are the different types of motor insurance certificates in Kenya?
- What are the different types of motor insurance policies?
- What are the duties of insured person in the event of an accident?
- What are the duties of the insurance company in the event of a claim?
- What are the main documents required in settling a claim?
- What information is required when proposing for<br>insurance?
- What is motor Insurance?
- What should I do if I am involved in an accident?
- What should I do if I have a problem with claim<br>settlement?
- What steps are taken by an insurance company before a motor insurance claim is settled?
-
Medical Insurance
- Am I insured while out of the country?
- Do I need to continue paying my monthly contribution to NHIF if I have medical insurance policy?
- Does medical insurance cover all hospital bills?
- Does my policy cover conditions existing before I took up the insurance?
- Does the policy cover all my children?
- Does the policy cover the insured in old age?
- How are medical bills paid?
- How do I apply for medical insurance?
- How do I benefit from NHIF membership?
- How will the hospital know that I am the insured?
- What happens in case of an emergency?
- What is medical insurance?
- Who does an in-patient policy cover?
- Who does an out-patient policy cover?
- Will the policy compensate me for all kinds of treatment that I receive?
-
Agriculture Insurance
- Agriculture insurance underwriting and claims
- Challenges of crop insurance
- Index Based Livestock Insurance
- Index based weather insurance
- Introduction to agriculture insurance
- Livestock Insurance
- Other types of agriculture insurance
- Perils that affect the agriculture sector
- Poultry Insurance
- The International Agricultural Insurance Market
- Types of Crop Insurance
- What is Agriculture insurance?
-
Aviation Insurance
- Aircraft Hull and Liability Cover
- Aviation Hull War and Allied Perils Cover
- Aviation Insurance Underwriting and Rating
- Introduction to Aviation insurance
- Laws Relating to International Trade or Carriage of Passengers by Air
- Loss Adjusting and Surveying Aviation Insurance
- The Aviation Insurance Market
-
Business Interruption Insurance
-
Common Factors in Property Insurance
-
Emerging Issues and trends in general insurance
-
Engineering Insurance
-
Fire and Perils Insurance
-
Liability Insurance
- Classes of liability insurance
- Directors’ and Officer’s Liability Insurance
- Employers Liability Insurance
- Introduction to liability insurance
- Legal Expense Liability Insurance
- Products LIability Insurance
- Professional Indemnity Insurance
- Public Liability Insurance
- Trustees’ Liability Insurance
- Work Injury Benefit Act (WIBA)
-
Marine Insurance
- Arranging for marine insurance
- Effecting Marine Insurance market
- International Contracts of Sale(INCOTERMS)
- Introduction to Marine Insurance
- Marine Insurance and Trade
- Marine Insurance Claims
- Marine Insurance Policies
- Marine Insurance Underwriting and Rating
- Marine Perils
- Principles of Marine Insurance
- The marine Insurance Markets
< All Topics
Print
Marine Perils
Posted
Updated
Byadmin
A sea voyage is exposed to many perils, some such as, willful acts, loss of market due to delay, or anything that is illegal and contrary to public policy are not insurable. However, many fortuitous perils are insurable. The MIA states that marine insurance shall provide cover against perils of the sea- in a manner and to extent thereby agreed between the assured and the insurer. In brief, examples of the perils that may affect the vessel and the cargo are:
The Vessel
- Contact with exterior items, e.g. bridges, docks, cranes, or other equipment concerned with cargo handling, rocks, aircrafts, and objects dropped there from
- War, strikes and malicious acts
- Pollution by cargo or fuel
- Accidental damage to the vessel while loading, discharging, or shifting cargos.
- Negligence of officers, crew, pilot’s charterer or repairers
- Barratry of the master, officers or crew
- Fire, volcanic eruption, or explosion
- Piracy or damage of vessel by violent theft
- Action of normal atmospheric conditions such as rain, sun and waves
- The chemical reaction of steel with cargo carried or with sea water
- General average sacrifice
The Cargo
- Contact with exterior items- contamination by taste, smell color, quality, taint by oil chemical, water, sweat, condensation etc.
- Fire, smoke heat, spontaneous combustion or explosion
- Piracy, pilferage or theft
- Action of normal atmospheric conditions – wind, rain sun and waves
- General average sacrifice
- War, strike, deliberate damage or destruction, radioactive contamination
- Washing overboard
- Impact damage during loading or discharge, crushing, breaking loose during the voyage, denting, scratching, brushing, accident to mode of transport
- Rust, oxidation and discoloration
- Twisting and bending
- Short -delivery, non-delivery, mysterious disappearances
- Tearing of bags due to hooks slings, fork lift trucks
- Inherent vices
- Breakage, cracking, chipping or leakage
Table of Contents