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AromaticTroubledDormouse
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Simple English definitions for legal terms
moored in safety
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A quick definition of moored in safety:
Moored in safety: This means that a boat or ship is safely anchored in a place where it usually docks or loads cargo. It is not in any danger that is covered by insurance.
A more thorough explanation:
MOORED IN SAFETY
When a vessel is moored in safety, it means that it is located in a usual place for landing or loading cargo, and is free from any imminent peril insured against. This is a term used in marine insurance.
Example 1: A cargo ship is moored in a port, securely tied to the dock, and protected from any potential damage caused by storms or other hazards. This ship is considered to be moored in safety.
Example 2: A yacht is anchored in a designated area, away from any dangerous rocks or shallow waters. The yacht is not at risk of running aground or being damaged by other vessels. It is moored in safety.
When a vessel is moored in safety, it means that it is in a secure location and is not at risk of any imminent danger. This is important for marine insurance purposes, as insurers want to ensure that the vessels they are covering are not at risk of damage or loss. The examples illustrate how a vessel can be moored in safety by being in a secure location and protected from potential hazards.