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Simple English definitions for legal terms

assecuration

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A quick definition of assecuration:

Term: ASSECURATION

Definition: Assecuration refers to marine insurance, which is a type of insurance that protects ships, cargo, and other marine-related items from damage or loss. It is a way for people who own or use boats or ships to protect themselves financially in case something goes wrong. Assecuration is also a general term for insurance in general.

A more thorough explanation:

ASSECURATION

Assecuration refers to marine insurance, which is a type of insurance that covers ships, cargo, and other related property against loss or damage during transportation by sea. It is a form of risk management that protects the interests of ship owners, cargo owners, and other parties involved in maritime trade.

Example 1: A shipping company purchases assecuration to protect their cargo from damage or loss during transportation across the ocean.

Example 2: A fisherman buys assecuration to cover the cost of repairing or replacing their boat if it is damaged or lost at sea.

These examples illustrate how assecuration is used to protect against the risks associated with maritime trade. In example 1, the shipping company is protecting their investment in the cargo they are transporting, while in example 2, the fisherman is protecting their livelihood by ensuring they can continue to work even if their boat is damaged or lost.

assecurare | assecurator

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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