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Under this theory, bodily injuries or property damages that become apparent or manifest themselves trigger coverage of the policy in effect at the time that the injury becomes apparent.

Document provided by insurer to its agents outlining underwriting rules and rates to be charged.

Usually the cost of a unit of insurance or bond protection as published in the pertinent company manuals, but may also refer to rates developed by the application of a recognized rating plan.

The product of an author’s work which is submitted to the publisher either in his own hand or typewritten.

In insurance, a policy form or wording which does not conform to standard wordings in general use and which is often unique to the risk being undertaken. Usually developed by the broker.

To make defective, especially by cutting off or defacing.

Insurance against certain perils or sea risks to which one’s ship, freight, and cargo (or some of them) may be exposed during a certain voyage or a fixed period of time.

Perils of the sea.

Groups of insurance companies providing ocean marine insurance. Such insurers are also actively involved in actual inspection and setting of standards for risks undertaken by them.

Pertaining to navigable waters.