What are the 3 siganificant types of insurance that are involved in Marine insurance?
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1
Answer:
- Types of Marine Insurance:
- Freight Insurance.
- Liability Insurance.
- Hull Insurance.
- Marine Cargo Insurance.
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Answer:
The events could be collision of ship with the rock, or ship attacked by the enemies, fire and actions of the captains and crew of the ship. Marine insurance is further broken down into three categories of insurance. These are ship or hull insurance, cargo insurance and freight insurance.
Explanation:
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