Duhaime's Law Dictionary


Liberty of the Globe Definition:

A term of marine insurance acknowledging that the insured vessel may go anywhere on the "globe".

Related Terms: Liberty

In marine insurance, it is not atypical to llimit insurance coverage to the extent to which the insured vessel stay within a confined or defined area of the earth waterways, or as to the trajectory as between two ports.

In some cases, there is no such restriction as to confined or defined areas or ports. Such a blanket coverage has, in the past, been referred to as a liberty of the globe clause.

In Eyre v Marine Insurance, the Supreme Court of Pennsylvania considered an 1837 marine insurance contract with these words:

"... Insurance November 10, 18371 on vessel for and during the term of twelve calendar months, commencing that day at noon, with liberty of the globe, and if at sea at the expiration of that twelve months the risk to continue at the same rate of premium until her arrival at her port of destination in the United States."

REFERENCES:

  • Eyre v Marine Insurance Company, 6 Whart. 254. There is some disagreement in the law journals as to whether the contract was in 1828 or 1838.

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