23)Name the marine insurance policy which is taken to indemnify the insured for
losses caused to the ship
Hull insurance
cargo insurance
freight insurance
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Answer:
The marine insurance policy which is taken to indemnify the insured for losses caused to the ship is hall insurance
Explanation:
Hall Insurance :
Since the ship is exposed to many dangers at sea, the insurance policy is for indemnifying the insured for losses caused by damage to the ship.
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