§ 44-17-6 - "Ocean marine insurance" defined. - Rhode Island Statutes

SECTION 44-17-6

   § 44-17-6  "Ocean marine insurance"defined. – For purposes of this chapter, "ocean marine insurance" means contracts ofinsurance written by every domestic, foreign, or alien insurance companytransacting the business of marine insurance within this state, with respect toall insurance written within this state, upon hulls, freights, ordisbursements, or upon goods, wares, merchandise, and all other personalproperty and interests therein, in course of exportation from, importation intoany country, or transportation coastwise, including transportation by land orwater from point of origin to final destination in respect to, appertaining to,or in connection with, any and all risks or perils of navigation, transit, ortransportation, and while being prepared for, and while awaiting shipment, andduring any delays, storage, transshipment, or reshipment incident thereto, butonly in connection with exportation from, importation into any country, ortransportation coastwise, and including war risks and marine builders risks.