Marine Liability Insurance/P&I, or protection and indemnity, protects third-party liabilities that shipowners and companies are exposed to during their operations. It is indemnity and not liability coverage. It includes coverage for injuries, illnesses, and loss of life caused by operating the vessel...
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Insurance is an important legal document that provides for protection in the event of some accident that leads to loss of either life or property. Marine insurance comprises a wide variety of damages that are deemed acceptable for compensation, and where the insuring authority is liable to pay. ...
Aside from general liability, there is also D & O liability, employer liability, and professional liability insurance. D & O liability stands for "directors and officers" liability and is intended to cover the acts or omissions of those in the director or officer position. An entire company ...
Liability and cost are key when understanding the Incoterms, the shipping terms that the importer, exporter, and transport companies have agreed to. For example, a agreeing that a carriage is Free on Board (FOB) terms of shipping means that the buyer takes on the burden for the costs of ...
假定社会平均收益率为8%,企业所在行业基准收益率为15%,国库券利率为4%。待评估企业的投资资本由所有者权益和长期负债两部分构成,其中所有者权益占投资资本的比重为60%,长期负债占40%,利息率为6%,待评估企业的风险系数为1.5。所得税率为25%。该待评估企业投资资本的折现率最接近于( )。
1. General liability insurance This is one of the most basic types of insurance all businesses should consider. It protects against bodily injury, property damage, and personal injury claims. For instance, if a customer slips and falls in your store, general liability insurance can cover their ...
A multiline insurance agency might offer insurance to commercial as well as individual clients. Individual policies may include homeowners, auto, marine, renters, life, disability, andlong-term care insurance. Commercial insurance may consist of professional liability, worker compensation, product liabilit...
The marine insurance abandonment system (hereinafter referred to as "abandonment") is a unique concept of marine insurance and its unique way of settling claims. The English word literally means abandoning and abandoning. It means that when an insurance