Excerpt from A Treatise on the Law of Insurance, Vol. 2 of 2: In Four Books: I. Of Marine Insurances, II. Of Bottomry and Respondentia, III. Of Insurance Upon Lives, IV. Of Insurance Against Fire As the infarct is only liable for lofl'es arifing from the extraordinary and argforefcm peril: of the voyage, if the {hip become innavigable, or incapable of proeeoding on the voyage infured, all the writers agree that the prefirmprioa {hall be that this proceeded from the age and rottennefs, or other defefl of the (hip, unlefs it be made appear to have been oeeafioned by fea damage or fime unforefeen acci dent (a). The reafon alligned for this is, that, by the marine law, an indg'inite innavigability is never claffed among the perils to which the infurer is liable; be cattfe a thing fo fubjeel to be injured by time and the ufe which is made of it, cannot be fuppofed always to retain its original ilate; and that, though a {hip may, at the time of her departure, appear capable of performing the voyage infured; yet, if the voyage fhould prove longer than afnal, her internal defeets will fometimes become apparent, from time, from the preifure of the cargo, and from the a&ion of the feas, without any extraordinary accident. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.