Ashna took a marine policy to cover the risk of loss of the goods exported by her. The policy insured the goods against the damage caused by sea perils. During transit the insured goods were damaged by rats.
a. Can Ashna claim compensation for the loss? Why / Why not? b. Explain any three elements of marine insurance
Answers
Answered by
0
Answer:
Yes, Ashish can claim compensation for the loss from the insurance company. Reason : In this case there are two causes of the mishap, which has occurred. Firt, the hole caused in the bottom of the ship and second, seepage of sea water into the ship. The nearest cause of the damage caused to the goods is the seepage of the water, the hole in the bottom of the ship is the remote cause. Therefore, Ashish must be compensated for the loss caused by the damage to the goods covered by the policy.Read more on Sarthaks.com - https://www.sarthaks.com/1323237/ashish-marine-policy-cover-exported-under-policy-goods-insured-against-damage-likely-cause
Similar questions