Voyage Policy

Voyage Policy

In shipping, an insurance policy that provides coverage for the entirety of the voyage (rather than a stated period of time). A voyage policy usually covers damage or loss to the cargo, but not to the ship.
References in periodicals archive ?
In the case of a voyage policy, under MIA 1909, s 45(1)-(4) there is a red-blooded warranty which requires the vessel to be seaworthy at the outset of every stage of the voyage, (120) failing which the risk terminates automatically.