Maine Code § 24-A-708

Marine and transportation, "wet marine" insurance defined
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1. "Marine and transportation insurance" includes:
A. Insurance against any kinds of loss or damage to:
(1) Vessels, craft, aircraft, cars, automobiles and vehicles of every kind, as well as all goods,
freights, cargoes, merchandise, effects, disbursements, profits, moneys, bullion, precious
stones, securities, choses in action, evidences of debt, valuable papers, bottomry and
respondentia interests and all other kinds of property and interests therein, in respect to,
appertaining to, or in connection with any and all risks or perils of navigation, transit or
transportation, including war risks, on or under any seas or other waters, on land or in the air,
or while being assembled, packed, crated, baled, compressed or similarly prepared for shipment
or while awaiting the same or during any delays, storage, transshipment, or reshipment incident
thereto, including marine builder's risks and all personal property floater risks, and
(2) Person or to property in connection with or appertaining to a marine, inland marine, transit
or transportation insurance, including liability for loss of or damage to either, arising out of or
in connection with the construction, repair, operation, maintenance or use of the subject matter
of such insurance, but not including life insurance or surety bonds nor insurance against loss
by reason of bodily injury to the person arising out of the ownership, maintenance or use of
automobiles, and
(3) Precious stones, jewels, jewelry, gold, silver and other precious metals, whether used in
business or trade or otherwise and whether the same be in course of transportation or otherwise;
and
(4) Bridges, tunnels and other instrumentalities of transportation and communication,
excluding buildings, their furniture and furnishings, fixed contents and supplies held in storage,
unless fire, tornado, sprinkler leakage, hail, explosion, earthquake, riot or civil commotion are
the only hazards to be covered; piers, wharves, docks and slips, excluding the risks of fire,
tornado, sprinkler leakage, hail, explosion, earthquake, riot or civil commotion; other aids to
navigation and transportation, including dry docks and marine railways, against all risks; [PL
1969, c. 132, §1 (NEW).]
B. "Marine protection and indemnity insurance," meaning insurance against, or against legal
liability of the insured for, loss, damage or expense arising out of, or incident to, the ownership,
operation, chartering, maintenance, use, repair or construction of any vessel, craft or instrumentality
in use in ocean or inland waterways, including liability of the insured for personal injury, illness or
death or for loss of or damage to the property of another person; and [PL 2021, c. 354, §1 (AMD).]

C. Travel insurance as described in section 1420-F, subsection 1, paragraph H. [PL 2021, c. 354,
§2 (NEW).]
[PL 2021, c. 354, §§1, 2 (AMD).]
2. For the purposes of this Title, "wet marine and transportation" insurance is that part of "marine
and transportation" insurance which includes only:
A. Insurance upon vessels, crafts, hulls and of interests therein or with relation thereto; [PL 1969,
c. 132, §1 (NEW).]
B. Insurance of marine builders' risks, marine war risks and contracts of marine protection and
indemnity insurance; [PL 1969, c. 132, §1 (NEW).]
C. Insurance of freights and disbursements pertaining to a subject of insurance coming within this
definition; and [PL 1969, c. 132, §1 (NEW).]
D. Insurance of personal property and interests therein, in course of exportation from or
importation into any country, or in course of transportation coastwise or on inland waters, including
transportation by land, water or air from point of origin to final destination, in respect to,
appertaining to or in connection with, any and all risks or perils of navigation, transit or
transportation, and while being prepared for and while awaiting shipment, and during any delays,
storage, transshipment or reshipment incident thereto. [PL 1969, c. 132, §1 (NEW).]
[PL 1969, c. 132, §1 (NEW).]

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