Warranties in Marine Insurance

Warranties in marine insurance are referred to as assurances or promises by the policyholder about a certain act that shall or shall not be commissioned by him. It is a promise that an insured makes to the insurance company regarding the utilization of the insured ship or vessel. In addition, warranties in marine insurance express whether or not the insurer shall be liable to entertain the claim made by the policyholder.

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Types of Warranties

Marine insurance includes two types of warranties. These are:

  1. Express Warranties

    Express warranties are the promises and statements made by the policyholder. The express warranties are clearly stated or written in the deed or certificate of the insurance policy. The express warranties generally include the following conditions.

    1. Ship's suitability for the intended journey
    2. Insured party's adherence to good operational and safety standards
    3. Full disclosure of all relevant information by the insured
    4. The legality of the consignment and voyage
    5. Accurate description of the cargo in accordance with applicable laws and regulations
  2. Implied Warranties

    There are two kinds of implied warranties i.e., seaworthiness and legality of the ship. The implied warranties are not explicitly written in the contract deed. Instead, their existence or creditworthiness is assumed, which forms the insurance contract.

    It is explicitly stated that the policyholder must comply with the provisions and clauses of the deed. In addition, he should refrain from committing any fraudulent activity. The policyholder and insurer must act in good faith and should be transparent in dealing with the insurance company.

How do Warranties work in Marine Insurance Policy?

In the context of marine insurance, a warranty represents a precise commitment made by the insured to the insurer, concerning the condition or operation of the vessel. Should the insured fail to uphold the warranty, the insurer retains the right to reject a claim.

Marine insurance policies may include express or implied warranties, and they are generally held to strict standards. Even a minor breach could lead to the insurer refusing to fulfill the claim. Understanding and adhering to all warranties is of utmost importance for insured parties to ensure the continued validity of their coverage in the event of a claim.

Learn more about Marine Insurance

Seaworthiness of Ship

The ships utilized for transportation must be appropriately constructed and well-equipped. They should have the ability to withstand the usual stresses encountered during the voyage.

The ship must be seaworthy for the intended adventure of the insured.
  • The ship must be reasonably fit to encounter ordinary perils such as rain at the port.
  • The ship may require different kinds of preparation at several stages. The ship must be seaworthy with the equipment required at every stage.
  • If the ship or vessel is sent in an unseaworthy condition, the insurer shall reject the claim.


The insured should not delay in the inception of the journey. If a delay is found, the insurance claim shall be rejected by the insurance company.


The liability of the insurance company shall end in case of deviation in the voyage (Deviation from the common route).

Change in Destination

The insurance company shall not be liable to pay a claim in case of a change in destination after the inception of the risk.


Warranties in marine insurance are pledges or assurances made by the policyholder in the insurance deed. The warranties are of two types. One is known as an express warranty, while the other is known as an implied warranty. Express warranties are explicitly written in the insurance deed. At the same time, implied warranties are assumptions which are assured by the policyholder.

Written By: PolicyBazaar - Updated: 16 November 2023

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Policybazaar for Business - Marine Insurance - Customer Reviews
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Based on 114 reviews
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3.8 April 20, 2023
Great Experience
I recently purchased Marine insurance from Policybazaar for my shipping business and I must say I am thoroughly impressed with their service and coverage. From start to finish, the experience has been smooth and hassle-free.Thankyou.
4.3 April 03, 2023
Provides Comprehensive Protection
When it comes to coverage, Marine insurance that i bought from PolicyBazaar has exceeded my expectations. It provides comprehensive protection for my cargo and vessels during transit, ensuring I can focus on my business operations with peace of mind. Thankyou.
4.3 March 17, 2023
Excellent Services
I highly recommend Marine insurance from PolicyBazaar website to anyone in the shipping or logistics industry. Their user-friendly website, comprehensive coverage, and excellent customer service make them stand out from the competition. With Policybazaar, I feel confident in navigating the high seas, knowing that my business is well-protected. Thank you, Policybazaar.
4.3 February 28, 2023
User Friendly Interface
The website's user-friendly interface made it easy to compare different plans and find the perfect fit for my business needs.Thanks
4.3 February 11, 2023
Prompt Services
I appreciate the transparency and honesty with which Policybazaar handled my claims. They were prompt in processing my claim and their claim settlement process was hassle-free.Thanks PolicyBazaar.
3.8 February 10, 2023
Exceeds Expectations
I recently had the pleasure of purchsing marine insurance from Policy bazaar website and I must say it has been an outstnding experience from start to finish. I am thrilled to share my positive customer review, as this truly exceeded my expectations. Thanks PB.
3.8 January 31, 2023
Easy Navigation
The ease of navigating the Policy bazaar website and finding the right marine insurance policy was impressive. The website's user-friendly interface and intuitive design made it incredibly simple to compare various options, understand the coverage details and make an informed decision. I appreciated the transparency provided throughout the process. Thanks.
3.8 January 21, 2023
Excellent Support
The customer service provided by Policy bazaar was decent. Their team was responsive, knowledgeable and went above and beyond to assist me at every step. Their professionalism and commitment to customer satisfaction were truly commendable.Thankyou.
4.3 January 11, 2023
Sanjeev Rathor
Efficient Process
When it came to claims processing, Policy bazaar demonstrated remarkable eficiency and effectivenes. I had an unfortunate incident during the coverage period and filing a claim was a breeze. The entire process was streamlined and their team guided me throuugh every necssary step, making it hassle-free. The promptness with which my claim was setled reflected their commitment to their customers' well-being and peace of mind. Thankyou.
3.8 January 01, 2023
Comprehensive Coverage
I must mention the comprehensive coverage provided by the marine insurance policy I purchasd through Policy bazaar. It offered me the necesary protection and peace of mind. Thankyou PolicyBazaar.