Arkansas Insurance Adjuster Practice Exam

Which of the following does not describe one of the implied warranties of Ocean Marine Insurance?

1. The vessel is seaworthy.

2. The voyage is lawful.

3. There will be no change in the voyage.

4. The vessel must not travel in stormy or otherwise dangerous weather conditions.

The correct answer is: The vessel must not travel in stormy or otherwise dangerous weather conditions.

The implied warranties of Ocean Marine Insurance are contractual expectations that are not explicitly stated in the policy, but are implied by law based on the nature of the insurance contract. These warranties are included to protect both the insurer and the insured, and any breach of the warranties can potentially result in the policy being declared void. Option A is incorrect because one of the implied warranties of Ocean Marine Insurance is that the vessel is seaworthy, meaning that it is in suitable condition to make the intended voyage. Option B is incorrect because another implied warranty is that the voyage is lawful, meaning that the ship will not be used for any illegal activities. Option C is incorrect because a third implied warranty is that there will be no change in the voyage, meaning that the voyage must be completed as planned without any significant deviations from the intended route. Option D is the correct answer because while it may seem like a reasonable