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insurance terminology FAQ


See this link:

http://www.allenins.com/Insurance_Defini tions.html


Sounds like an umbrella or excess policy, but it could be an endorsement eliminating a total aggregate limit, like a "per location aggregate".

It means, extra coverage. Higher limits, tailored for someone who owns more than


Sounds like an umbrella or excess policy, but it could be an endorsement eliminating a total aggregate limit, like a "per location aggregate".

It means, extra coverage. Higher limits, tailored for someone who owns more than


I've had no problems using even the yahoo search engine, to type in the key phrase, the word "example", and coming up with MULTIPLE sites.

insurance terminology news

Braemar Releases Second Edition of Guide to Hull & Machinery

18.05.12

Marine survey reports frequently contain engineering terminology which can often be unfamiliar to the non engineers in the wider spectrum of the shipping industry. In an attempt to bridge this gap Braemar (Incorporating the Salvage Association) has released the second edition of their Guide to Hull & Machinery, a key reference book covering some of the common terminology used for ships, their engines, and ship’s related operation, which is often encountered in survey reports.

The first version of the Guide to Hull & Machinery, released last year, was met with such enthusiasm by the marine insurance market that Braemar have now produced a new enhanced version. The second edition includes additional data such as explanations on gross and net register tonnages, subdivision and load line, deck mooring fittings and lifting appliances, whilst some useful guide formulas are included on selection of wires and synthetic ropes.

In the machinery section data can be found on gear boxes, fuel and lube oil systems, purifiers and transmission systems, whilst the sheer scale of marine engines in comparison to a human body can now be appreciated on the section of typical propulsion engines.


Source: The Maritime Executive (press release)