collision clause

noun

Definition of collision clause

: a policy provision that the insurer agrees to assume the legal liability of an insured shipowner to owners of another vessel and its cargo for loss resulting from collision with the insured ship

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Learn More About collision clause

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Cite this Entry

“Collision clause.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/collision%20clause. Accessed 2 Aug. 2021.

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