Marine Insurance Act
2. Interpretation
2. Interpretation
In this Act—"action" includes suit, counterclaim and set-off;"Commissioner" has the meaning assigned to it in section 2(1) of the Insurance Act (Cap. 487);"freight" includes the profit derivable by a shipowner from the employment of his ship to carry his own goods or movables as well as freight payable by a third party, but does not include passage money;"insurable property" means any ship or movables capable of being insured against maritime perils;"maritime perils" means the perils consequent on or incidental to the navigation of the sea, that is to say, perils of the seas, fire, war, pirates, rovers, thieves, captures, seizures, restraints and detainments of foreign governments and peoples, jettisons and barratry, and any other perils of the like kind or which may be designated by the policy;"movables" means any movable tangible property other than the ship, including money, valuable securities and other documents;"policy" means a policy expressing a contract of marine insurance.[Act No. 10 of 2018, s. 58.]Source: Kenya Law