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LSDefine

Simple English definitions for legal terms

rescue clause

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A quick definition of rescue clause:

A rescue clause, also known as a sue-and-labor clause, is a provision in marine insurance that states the insurer will cover the costs incurred by the insured in protecting the covered property from damage or minimizing actual damages to the property. This means that the insurer will help the insured party protect their interests and cover certain charges incurred in caring for the insured property, whether or not there is any actual loss or damage. It is important to note that sue-and-labor charges can be incurred even if no loss or damage occurs.

A more thorough explanation:

A rescue clause, also known as a sue-and-labor clause, is a provision in marine insurance that covers the costs incurred by the insured in protecting the covered property from damage or minimizing actual damages to the property. The clause requires the insurer to "sue and labor" to protect the insured party's interests.

For example, if a ship is in danger of sinking, the owner may incur expenses to prevent the ship from sinking, such as hiring a salvage company to pump out water. The rescue clause would cover these expenses.

The sue-and-labor clause is separate from the perils clause, which covers losses or damages caused by specific risks, such as storms or collisions. The rescue clause covers expenses incurred to prevent or minimize losses, regardless of whether there is actual damage to the property.

Overall, the rescue clause provides additional protection to the insured party and ensures that they are not left with significant expenses in the event of a potential loss or damage to their property.

rescue | rescue syndrome

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triplethread
10:26
dkk are u a boy or a girl
Dkk
10:26
Wizard 101 told me I was a boy wizard.
triplethread
10:26
ok
BulbasaurNoLikeCardio
10:26
I am thinking it will be slower/quitter until after thanksgiving
snow
10:27
thread im like 90% sure im getting an R, but ive come to peace that this might be my unreasonable R for the cycle
triplethread
10:27
but snow we have the same stats. you'll be fine. i promise. if im this confident you should be too
Dkk
10:27
Only tiktok I will share cus I stay off that site.
I am sorry if you like it, but TikTok is fucking awful
LSDFan
10:28
tiktok is great
triplethread
10:28
i lub tik tok and reddit and instantgram
Dkk
10:29
Nah, lol I hate it @texas. I remember when it was music.ly too and you used to have music.ly cringe compilations.
babycat
10:29
I do not have tiktok either because it makes my brain unhappy
10:29
how come i didnt get fordham AGAIN
Yeah, shit is awful. I have friends who spend hours a day on it
m10
10:30
Sorry to hear @Eggan
BulbasaurNoLikeCardio
10:30
I think tik tok is evil and coming from a national defense background, working in PSYOP and in the intelligence community I can promise it is.
glovediedthisishismom
10:30
5318008 now look at it upside down ;)
snow
10:31
tik tok and youtube reals has fried my brain
babycat
10:31
@glovediedthisishismom: boobies!!!
so off topic but dude eggan the weather here in nyc is insane
babycat
10:31
@BulbasaurNoLikeCardio: I wonder if you know my local psyops guy
m10
10:32
@BulbasaurNoLikeCardio: Yeah but like half the general officers are compromised so we might as well just give this country to China already. The head of the JAG corps used to tell us how much he loved Tiktok and he was a 1 star. These people should be court martialed. I hope Trump follows through on that promise the most.
it was 80 degrees three days ago and now it's like pouring rain sleet and wind
babycat
10:32
@jackfrost11770: we all living the same weather. I’m abt to go to the gym
babycat
10:32
I’m listening to car seat headrest
it's the worst when the weather is this shit and there isn't even any snow like at least let it be aesthetic (although snow in nyc is the opposite of that)
snow
10:33
india ass band
10:33
checking in on Wake Forest. Y'all heard anything?
LSDFan
10:34
@m10 are you FLEP
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