Peril of the Sea Law and Legal Definition

The term peril of the sea signifies damage to property occurring as a result of an accident at sea. It is an insurable risk and is a subject of maritime insurance contracts. Peril of the sea normally occurs in the event of an accidental incursion of sea water into a vessel, in an unusual manner, resulting in damage to the insured property. However, natural and inevitable action of the winds and waves resulting in wear and tear are not considered as peril of the sea.