Marine Insurance


Marine insurance is a type of insurance policy that provides coverage for ships, cargo, and other marine-related property against losses or damages caused by various risks such as natural disasters, piracy, collisions, and theft. It also covers liabilities arising from accidents or injuries caused by the insured vessel. Marine insurance policies can be tailored to meet the specific needs of the insured, and can include coverage for hull and machinery, freight, and protection and indemnity (P&I) liability. The marine insurance industry is regulated by international conventions and national laws, and is typically provided by specialized insurance companies or underwriters.


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