Glossary

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There are currently 3 names in this directory beginning with the letter S.

Salvage

goods that are recovered after an event covered by the policy.

Salvage Charges

expenses incurred by vessel to save it from a threatening occurrence.

Surety

a type of insurance where a guarantee is issued, compromising the insurance company to pay a definite amount in case one party (the principal) does not fulfill a job or complies with its obligations to the Obligee.

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Claims

Remember to file your claim to the insurance company within three calendar days after an event occurs.

CLAIMS

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BUSINESS INSURANCE