Online Encyclopedia

ABANDONMENT IN MARINE INSURANCE

Online Encyclopedia
Originally appearing in Volume V01, Page 7 of the 1911 Encyclopedia Britannica.
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ABANDONMENT IN MARINE INSURANCE iS the surrender of the ship or goods insured to the insurers, in the case of a constructive total loss of the thing insured. For the requisites and effects of abandonment in this sense see INSURANCE, MARINE.
End of Article: ABANDONMENT IN MARINE INSURANCE
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