Sinking Boats: Abandon Ship!
Remember those funny cartoons you’d watch as a kid where some cartoon characters are in a boat when suddenly there’s a hole. In an effort to counteract the effects of this hole in the boat, people start using pails to scoop the water out; however, they can’t keep up and...House Boat Insurance Basics
Purchasing a houseboat is guaranteed to give you years of unlimited pleasure. Provided, however that you’ve insured your houseboat properly. Otherwise, you could lose your life’s savings and in the worse case scenario, and be forced to file for bankruptcy. The first houseboat insurance...The first modern insurance company
Ocean marine insurance has a longer direct history than any other branch of insurance. Its terminology and practices took much of their present shape during late 1600s, influenced by customs and practices of the preceeding 200 years. Since ocean marine was the first kind of insurance to...Everything You Should Know About Liability Insurance
When deciding whether or not to carry professional liability insurance, consider the following: Frequency of client claims and malpractice law suits are on the rise. It is better that both lessee and lessor have general liability insurance. You ought to consider the cost of spectacular...Basics of PPI (Payment Protection Insurance)
PPI is an abbreviation of Policy Proof of Interest, in marine insurance. It is also called an Honour Policy. It is a policy which is issued when the assured has no insurable interest in the subject-matter insured and has no expectation of acquiring such an interest later on. In other...