Marine Insurance Clauses

N; Geoffrey Hudson; Tim Madge and Keith Sturges

Document

PART II

MARINE CARGO FORMS

1. HISTORICAL PERSPECTIVE: CARGO INSURANCE FROM LLOYD’S FORM TO THE PRESENT DAY

The extent of cover provided

Until relatively recently all cargo insurance was written on restricted terms. Looking at the list of perils which the underwriters on Lloyd’s SG form were “contented to bear and did take upon themselves”, we find that they fall into two main categories:

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