The Blue Book (Marine Insurance)

The Blue Book, formally known as the "Insurance Institute of London's Marine Insurance Clauses," is a key reference in marine insurance. It provides standardized terms and conditions for marine insurance policies, which cover ships, cargo, and related liabilities. By outlining specific risks, exclusions, and obligations of insurers and insured parties, it helps ensure clarity and fairness in marine insurance contracts. This resource is widely used by insurance professionals to facilitate understanding and consistency in the industry, making it easier for businesses engaged in shipping and trade to manage their risks.