1335–1410) stipulates that the insurers agree to assume the risks ‘of God, of the sea,
Citations (1)
- The Ascent of Money whole source · open book
1335–1410) stipulates that the insurers agree to assume the risks ‘of God, of the sea, of men of war, of fire, of jettison, of detainment by princes, by cities, or by any other person, of reprisals, of arrest, of whatever loss, peril, misfortune, impediment or sinister that might occur, with the exception of packing and customs’ until the insured goods are safely unloaded at their destination.
chapter: 4: The Return of Risk