InsuranceInsured Res ipsa loquitur Unplanned retention Survivorship benefit Pooling Captive insurer
Marine insurance
Marine insurance, specifically for goods in transit and the commercial vehicles that carry them, applies to both water and land transport. While it can refer to inland marine insurance, it is commonly used for ocean marine insurance. This type of insurance protects against damages or losses to a ship's hull and cargo. It covers a range of perils such as collisions, sinking, capsizing, being stranded, fire, piracy, and even the act of jettisoning cargo to save other property. However, it typically does not cover wear and tear, dampness, mould, or war-related incidents.
Related terms
Understand the meaning and definition of Insured in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Res ipsa loquitur in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Unplanned retention in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Survivorship benefit in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Pooling in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Captive insurer in the context of stock market, trading, and investments.
MORE
Explore other categories
10 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments
Get the link to download the App
