Business Studies, asked by khushikhurana7345, 7 months ago

An insurance policy for indemifying the Insured for losse caused by damage to the vessel

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Answered by GMS068

Explanation:

A marine insurance contract is one of indemnity: the insurer agrees to indemnify the insured to an extent, in a manner agreed by both parties, against risks that are also agreed by both parties

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An insurance policy for indemifying the Insured for losse caused by damage to the vessel​

Answers

An insurance policy for indemifying the Insured for losse caused by damage to the vessel