Navigating the Murky Waters of Marine Cargo Insurance

Policyholder Advisor & Alert

PUBLISHED ON: May 1, 1997

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Attempting to recover insurance dollars for a marine cargo loss might be like the ill-fated voyage for which coverage was purchased. Arcane insurance policy provisions and maritime law doctrines lie, like submerged reefs, in the path of the unsuspecting policyholder. There are, however, a few basic markers that the policyholder can look to in order to chart a course through those murky and hazardous waters.