collision clause

noun

: 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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“Collision clause.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/collision%20clause. Accessed 3 Dec. 2024.

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