What is??
•Life Insurance..!!
•Marine Insurance..!!
Answers
Answered by
2
Answer:
The difference between Marine insurance and Life insurance is that marine insurance is a policy that will protect mostly cargo, ship, and transport related machinery. Also, the premium is done on lump-sum basis in marine insurance, whereas in the case of life insurance premium is collected on an
Answered by
3
Answer:
1) Life insurance - insurance that pays out a sum of money either on the death of the insured person or after a set period
2) Marine insurance - marine insurance covers the loss or damage of ships,cargo ,terminals and any other transport by which the property is transferred,acquired or held between the points of origin and the final destination.
Explanation:
Hope it helps!
Similar questions