MLchartDataset catalogue

Inchmaree clause

Term · Insurance and risk management · MLC-T-INS-001781

A clause in marine hull insurance policies that extends coverage to include damage to the vessel caused by specific perils not traditionally covered by perils of the sea. These perils typically include latent defects in machinery or hull, negligence of the master or crew, and explosions. It originated from a legal case involving the steamship Inchmaree.

Table 1. Record
IdentifierMLC-T-INS-001781
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001781",
  "term": "Inchmaree clause",
  "field": "Insurance and risk management",
  "definition": "A clause in marine hull insurance policies that extends coverage to include damage to the vessel caused by specific perils not traditionally covered by perils of the sea. These perils typically include latent defects in machinery or hull, negligence of the master or crew, and explosions. It originated from a legal case involving the steamship Inchmaree.",
  "url": "https://mlchart.com/terminology/insurance/inchmaree-clause/"
}

Record 1,696 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.