AllBusiness.com
  • Starting a Business
  • Career
  • Sales & Marketing
  • AI
  • Finance & Fundraising
  • M & A
  • Tech
  • Business Resources
  • Business Directory
  1. Home »
  2. Barrons Dictionary »
  3. sue and labor clause »

Definition of sue and labor clause

Dictionary of Insurance Terms: sue and labor clause
sue and labor clause

section of ocean marine policy making it an obligation of the insured to take specific measures to limit losses to ship or cargo when a mishap occurs. Expenses incurred to limit physical damages, or to take legal action to protect the ship and its cargo, are reimbursed by the insurer to the extent they reduce the loss otherwise payable by the insurer, according to policy terms.

Search for definitions

BizBuySell
logo
AllBusiness.com is a premier business website dedicated to providing entrepreneurs, business owners, and business professionals with articles, insights, actionable advice,
and cutting-edge guides and resources. Covering a wide range of topics, from starting a business, fundraising, sales and marketing, and leadership, to emerging AI
technologies and industry trends, AllBusiness.com empowers professionals with the knowledge they need to succeed.
About UsContact UsExpert AuthorsGuest PostEmail NewsletterAdvertiseCookiesIntellectual PropertyTerms of UsePrivacy Policy
Copyright © AliBusiness.com All Rights Reserved.
logo
  • Experts
    • Latest Expert Articles
    • Expert Bios
    • Become an Expert
    • Become a Contributor
  • Starting a Business
    • Home-Based Business
    • Online Business
    • Franchising
    • Buying a Business
    • Selling a Business
    • Starting a Business
  • AI
  • Sales & Marketing
    • Advertising, Marketing & PR
    • Customer Service
    • E-Commerce
    • Pricing and Merchandising
    • Sales
    • Content Marketing
    • Search Engine Marketing
    • Search Engine Optimization
    • Social Media
  • Finance & Fundraising
    • Angel and Venture Funding
    • Accounting and Budgeting
    • Business Planning
    • Financing & Credit
    • Insurance & Risk Management
    • Legal
    • Taxes
    • Personal Finance
  • Technology
    • Apps
    • Cloud Computing
    • Hardware
    • Internet
    • Mobile
    • Security
    • Software
    • SOHO & Home Businesses
    • Office Technology
  • Career
    • Company Culture
    • Compensation & Benefits
    • Employee Evaluations
    • Health & Safety
    • Hiring & Firing
    • Women in Business
    • Outsourcing
    • Your Career
    • Operations
    • Mergers and Acquisitions
  • Operations
  • Mergers & Acquisitions
  • Business Resources
    • AI Dictionary
    • Forms and Agreements
    • Guides
    • Company Profiles
      • Business Directory
      • Create a Profile
      • Sample Profile
    • Business Terms Dictionary
    • Personal Finance Dictionary
    • Slideshows
    • Entrepreneur Profiles
    • Product Reviews
    • Video
  • About Us
    • Create Company Profile
    • Advertise
    • Email Newsletter
    • Contact Us
    • About Us
    • Terms of Use
    • Contribute Content
    • Intellectual Property
    • Privacy
    • Cookies