Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
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DLP206 | MARINE INSURANCE PRACTISES | 3 | 2 | 2 | 5 |
KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to) |
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Description the concept of "insurance". Risk and insurable risks. The marine risks. Defination of risk; for ships and cargoes. |
Actors of Marine Insurance; Lloyd, Re-insurance companies and marine insurance brokers |
Protect and Indemnity (P&I) Insurance; concept, risks and coprehensiveness. |
Hull and Machinery (H&M) Insurance; concept, risks and coprehensiveness. |
War Risk Insurance; concept and definitions |