Examples of Freight interest in a sentence
This type of insurance covers Loss of Hire 97if the ship is damaged and Loss of Freight interest 98if the ship becomes total loss.
Freight interest insurance only covers an agreed amount in the event of a total loss.
Freight interest Hull and hull interest covers full market value, which reflects the future income of the ship.
Loss of income o The covered interest: income derived from the ship: o Different types: o Loss of hire: only if the ship is damaged o Freight interest: only if the ship is a total loss o Strike: only cover of expenses Spring 2013 Marine insurance 8 Freight interest Hull and hull interest covers full market value, which reflects the future income of the ship.
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