Description: Antique Colonial 1795 Document Policy of AssuranceWilliam Vernon for David NagleSailing Ship George & Mary sailing and insured from Newport , Rhode Island to Galloway & Dublin in the Kingdom of IrelandOriginal Specimen dated to February 6,1795 Printed by Letter Press with the type actually raising the paper. Insurance policy against pirates, rovers, thieves, etc. For historical and genealogical purposes these names appear on the document: William VernonJa RobinsonJa Robinson for Geo ChamplinPeleg Clarke for C. GardenerPeleg ClarkeWilliam Vernon for David NagleNOTE: Insurance pools were backed by pledges from landed estates. The insured paid premiums based on estimated risks. Pirates, too, developed insurance policies for their crews. Marine insurance works by transferring the responsibility for a product's damages from the exporter to the insurer. The policyholder typically pays a premium to the insurance company, and in turn, the insurance company agrees to pay a specified amount in the event of a covered loss. Marine insurance covers loss or damage during the transfer of property from origin to destination, including ships, goods, terminals and various transportation modes.
Price: 807.5 USD
Location: Vancouver, Washington
End Time: 2024-12-21T23:34:54.000Z
Shipping Cost: N/A USD
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Item Specifics
Restocking Fee: No
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back
Policy of Assurance William Warren for David Nagle: Dated February 6, 1795
Time Period Manufactured: Pre-1800
Country/Region of Manufacture: United States