Barratry
Term · Insurance and risk management · MLC-T-INS-000528
An unlawful act committed by the master or crew of a ship against the ship's owner or charterer, resulting in loss or damage to the vessel or its cargo. Examples include scuttling the ship, embezzling cargo, or intentionally deviating from the planned voyage. Barratry is a covered peril under most marine insurance policies, provided the owner was not complicit in the act.
| Identifier | MLC-T-INS-000528 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-000528",
"term": "Barratry",
"field": "Insurance and risk management",
"definition": "An unlawful act committed by the master or crew of a ship against the ship's owner or charterer, resulting in loss or damage to the vessel or its cargo. Examples include scuttling the ship, embezzling cargo, or intentionally deviating from the planned voyage. Barratry is a covered peril under most marine insurance policies, provided the owner was not complicit in the act.",
"url": "https://mlchart.com/terminology/insurance/barratry/"
}
Record 287 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.