Peril - Law Dictionary Search Results
Home Dictionary Name: perilMaritime perils
Maritime perils, means the perils, consequent on, or incidental to, the navigation of the sea, that is to say, perils of the seas, fire, war perils, pirates, rovers, thieves, captures, seizures, restraints and detainments of princes and peoples, jettisons, barratry and any other perils which are either of the like kind or may be designated by the policy. [Marine Insurance Act, 1963 (11 of 1963), s. 2(e)]...
Perils of the sea
Perils of the sea, means perils, dangers and accidents of the sea or other navigable waters is an expression meaning perils, or accidents peculiar to sea or navigable waters, which could not have been reasonably foreseen and guarded against by ordinary skill and prudence by carrier or his agents or servants, Collis Line Pvt. Ltd. v. New India Assurance Co. Ltd., AIR 1982 Ker 127.They are strictly the natural accidents peculiar to the water, but the law has extended this phrase to comprehend events not attributable to natural causes, as captures by pirates, and losses by collision, where no blame is attachable to either ship, or at all events to the injured ship. It was held by the House of Lords in Hamilton, Fraser & Co. v. Pandorf & Co., (1887) 12 App Cas 518, that, where (under a charter-party or bills of lading which excepted dangers and accidents of the seas'), rats gnawed a hole in a pipe on board ship, whereby sea-water escaped and damaged a cargo of rice, without neglect or defa...
perils of the sea
perils of the sea :perils that are peculiar to the sea but are of such an extraordinary nature and power that one cannot guard against them using ordinary skill and prudence [the insurance company denied that such waves in that region were perils of the sea] ...
open perils
open perils : of, relating to, or being an insurance contract that covers all perils unless specifically excluded ...
perils
perils for homeowner's insurance, an event that can damage the property. Homeowner's insurance may cover the property for a wide variety of perils caused by accidents, nature, or people. Source: U.S. Department of Housing and Urban Development ...
Perilous
Full of attended with or involving peril dangerous hazardous as a perilous undertaking...
discovered peril
discovered peril : last clear chance ...
peril
peril 1 : exposure to the risk of death, destruction, or loss 2 : the cause of a loss (as of property) [insured their home against fire, floods, and other s] compare risk ...
Marine adventure
Marine adventure, includes any adventure where-(i) any insurable property is exposed to maritime perils; (ii) the earnings or acquisition of any freight, passage money, commission, profit or other pecuniary benefit, or the security for any advances, loans, or disbursements is endangered by the exposure of insurable property to maritime perils; (iii) any liability to a third party may be incurred by the owner of, or other person interested in or responsible for, insurable property by reason of maritime perils. [Marine Insurance Act, 1963 (11 of 1963), s. 2(d)]...
Salvage
Salvage, allowance or compensation made by maritime law to those by whose exertions ships or goods have been saved from the dangers of the seas, fire, pirates, or enemies.This was allowed by the laws of Rhodes, Oleron, and Wisby, and is also allowed by all modern maritime states; the person who saves goods from loss or imminent peril has a lien upon them, and may retain them till payment of salvage. In this, however, the maritime law differs from the Common Law. No doctrine similar to 'salvage' applies to things lost upon land, nor to anything except ships or goods in peril at sea, Falcke v. Scottish Imperial Insurance Co., (1886) 34 Ch D 248, per Bowen, L.J.If the salvage be performed at sea, or on land (Judic. Act, 1925, s. 22), the Court of Admiralty has jurisdiction, and fixes the sum to be paid, adjusts the proportions, and takes care of the property pending the suit; or, if necessary, directs a sale and divides the proceeds between the salvors and the proprietors. In fixing the r...
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