Admission Of Seaworthiness
Summary of Admission Of Seaworthiness
A clause commonly found in contracts of marine insurance whereby the insurer agrees not to raise unseaworthiness of the vessel as a defense in a claim brought by the policyholder. In olden days, a merchant was obliged to ascertain the seaworthiness of a ship before offering cargo for carriage. The admission of seaworthiness clause relieves the shipper of this burden. See seaworthy.
(Main Author: William J. Miller)
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