Question

elements of marine insurance​

Answer 1

The marine insurance has the following essential features which are also called fundamental principles of marine insurance;

Features of General Contract,

Insurable Interest,

Utmost Good Faith,

The doctrine of Indemnity,

Subrogation,

Warranties,

Proximate cause,

Assignment and nomination of the policy.

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Answer 2

Answer:

The marine insurance has the following essential features which are also called fundamental principles of marine insurance;

Features of General Contract,

Insurable Interest,

Utmost Good Faith,

The doctrine of Indemnity,

Subrogation,

Warranties,

Proximate cause,