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KembaraXtra – Legal Terms – Perils of the Seas
Perils of the seas are risks covered under marine insurance relating to accidental maritime dangers.
Examples include violent storms, collisions, grounding, or striking submerged objects.
The term applies only to fortuitous or unexpected maritime accidents.
Ordinary wear and tear caused by normal wind and wave action is excluded.
Coverage under marine insurance depends on whether the loss resulted from a true maritime peril.
Perils of the seas are risks covered under marine insurance relating to accidental maritime dangers.
Examples include violent storms, collisions, grounding, or striking submerged objects.
The term applies only to fortuitous or unexpected maritime accidents.
Ordinary wear and tear caused by normal wind and wave action is excluded.
Coverage under marine insurance depends on whether the loss resulted from a true maritime peril.
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