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What is Sea Insurance Liability Case Summary about?

(1) The owners of rice filed an insurance claim after 1,473 sacks were damaged by sea water during transport. The insurer denied the claim. (2) The court found the sea water entered through a corroded drain pipe, not due to a peril of the sea. Damage from ship defects is not covered. (3) The court also confirmed there is an implied warranty of seaworthiness in all marine insurance contracts, such that the ship must be fit to safely carry the cargo at the start of the voyage.

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Edu

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EN