Best Answer: The language used by Shakespeare was a living language used by everyone in his day. It has not been invented by English teachers just to torture students as you may suspect. People of the sixteeth century simply had richer and more complex speech patterns and even normal theatre-goers would have got (nearly) all the jokes.
Cargo insurance â discussed here â is a sub-branch of marine insurance, though Marine also includes Onshore and Offshore exposed property, (container terminals, ports, oil platforms, pipelines), Hull, Marine Casualty, and Marine Liability.
Under such conditions, the ocean marine policy permits the insured to abandon the damaged ship or cargo to the insurer and make a claim for the entire value. The insured may claim for a partial loss or abandon the property to the insurance company and claim a total loss. If you abandon insured property that has suffered partial loss or damage, you give it to the insurers so that a claim for a total loss may be made.