This is considered a normal business risk and not coverable under insurance contracts except in some cases such as meats, where spoilage can result in loss of market. If the spoilage is the result of some event such as a storm at sea or a derailing, coverage can be purchased for an additional premium. The reason for such a clause is that many times the owners of cargoes or ships would insure them after the ship had left the port, and prior to modern methods of communication, there was no way of knowing whether or not the venture had been lost at the time the insurance was taken out. Maintenance, Care and Wages. An admiralty law provision for coverage for injured seamen.
Maintenance refers to providing food, shelter, and rehabilitation while the seaman is injured.
Care refers to the medical treatment necessary for recovery. Wages, of course, refers to the usual seaman's wages, which under this law, must be paid even during an illness or after an accident. See Nationwide Definition of Marine Insurance. A form of insurance primarily concerned with means of transportation and goods in transit. Marine used alone refers to ocean transportation, and Inland Marine refers to transportation and goods in transit by land.