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What is the employment prospect after the Japanese private line management?

Date: 2017-04-01
Views: 28

Japan Special Line (2) Performance guarantee A guarantee is an agreed guarantee, which means that the insured promises an act or omission, or satisfies a certain condition, or determines the existence or non-existence of a fact. Guarantees can be divided into express guarantees and implied guarantees. The express guarantee is the guarantee that must be stated in the reference documents of the insurance contract or insurance policy, such as the ship name guarantee and the sailing date guarantee. If the insured violates the express guarantee, the Japanese special line insurer may continue to perform the contract or terminate the contract by increasing the premium according to the situation. The implied warranty is not stated in the contract, but it is a fact well known to both parties to the contract. When the contract is concluded, both parties default on the existence of the relevant warranty, such as the ship's seaworthiness guarantee. If the insured violates the implied guarantee, the contract will not be performed, and the insurer can cancel the contract. Japan Line

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