MARINE INSURANCE
Marine insurance is a contract under which the insurer undertakes to indemnify the insured against losses, caused due to perils of sea. It maybe defined as a form of insurance contract covering loss or damage to vessels or cargos or passengers during transportation on the high seas
MARINE INSURANCE POLICIES
- Ø Time Policy
- Ø Voyage Policy
- Ø Mixed Policy
- Ø Valued Policy
- Ø Unvalued Policy
- Ø Fleet Policy
- Ø Blanket Policy
- Ø Floating Policy
- Ø Composite Policy
- Ø Port Risk Policy
- Ø Specific Cover Policy
- Ø Open Cover Policy
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