what is the difference between a marine insurance policy and a non marine insurance policy?
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Answer:
hope u will understand
Explanation:
generally they are the insurance for uncertainty
because who knows what will happen in future so marine insurance is a policy for good who carry out in a ship from one to another nation . if by chance ur good sunk(damaged) , so this insurance will help u to give compensation against good for example:- your goods sunk worth ruppees 50000 so u will get maximum 40000. this is called marine insurance policy
on the other side when u have no insurance against marine good ..this is called non marine insurance policy..
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