                                 CODE OF VIRGINIA

MARINE (§ 38.2-126)

A. &#8220;Marine insurance&#8221; means insurance against any kind of loss or
damage to:

   1. Vessels, craft, aircraft, vehicles of every kind, excluding vehicles
   operating under their own power or while in storage not incidental to
   transportation, 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
   any 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 shipment, or during any delays, storage,
   transshipment, or reshipment incident to shipment, including marine
   builders&#8217; risks and all personal property floater risks;

   2. Persons or property in connection with or appertaining to 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 the insurance.
   This class of insurance shall not include life insurance, surety bonds or
   insurance against loss by reason of bodily injury to the person arising out of
   the ownership, maintenance or use of automobiles;

   3. Precious stones, jewels, jewelry, gold, silver and other precious metals
   used in business, trade, or otherwise and whether or not in transit. This
   class of insurance shall include jewelers&#8217; block insurance;

   4. (i) 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, and civil commotion are the only
   hazards to be covered; (ii) to piers, wharves, docks, and slips, excluding the
   risks of fire, tornado, sprinkler leakage, hail, explosion, earthquake, riot
   and civil commotion; and (iii) to other aids to navigation and transportation,
   including dry docks and marine railways, against all risks.

B. Marine insurance shall also include &#8220;marine protection and indemnity
insurance,&#8221; meaning insurance against loss, damage, or expense or against
legal liability of the insured for loss, damage, or expense arising out of or
incident to 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.

C. Any policy of &#8220;marine insurance&#8221; as defined in this section
providing protection against bodily injury, sickness or death of another person
may include appropriate provisions obligating the insurer to pay medical,
hospital, surgical, and funeral expenses arising out of the death or injury of
any person, regardless of any legal liability of the insured.

D. Marine insurance shall also include &#8220;travel insurance&#8221; as defined
in &#xA7; 38.2-1887.

HISTORY: 1952, c. 317, § 38.1-22; 1986, c. 562; 2019, cc. 266, 346.