Maritime law maritime law marine insurance an appreciation of the part played by marine insurance is essential to an understanding of the shipping industry and the special law that governs it most shipowners carry hull insurance on their ships and protect themselves against claims by third parties by means of protection and indemnity insurance waterborne cargo is almost universally insured against the perils of the seas it is impossible in a brief outline such as this to go . The law of marine insurance is an ancient one and a vital part of english commercial law and international commercial law marine insurance law is intellectually challenging area and of great practical commercial importance as many commercial transactions involve insurance many insurance law problems particularly those of marine insurance law arise when there are disasters often tragic armed conflict piracy terrorism natural disasters as well as massive commercial declines. Marine insurance law second edition introduces and clearly explains all topics covered in courses at masters level offering students and those new to the area a comprehensive and accessible overview and way into this important topic in maritime law. Marine insurance involves a specialized application of the law of contract however substantive differences have emerged the module examines the english marine insurance act 1906 as amended as the main source of the applicable legislation where english law is applicable this statute as applied to the contract policy between the parties will constitute the norms that govern the legal relationship between the parties the foundation for marine insurance in other legal orders is also
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