ABSTRACT
Whereas in the early days of insurance virtually all policies effected were for a round voyage, the reverse is now the case and the vast majority of insurances are effected on a time basis. For the minority of cases where an insurance is required for a voyage, two sets of main clauses are available. They are.
Institute Voyage Clauses, Hulls
Institute Voyage Clauses, Hulls—Total Loss, General Average and 3/4ths Collision Liability (including Salvage, Salvage Charges and Sue and Labour).
