What Does Ocean Marine Insurance Cover?
by Mike Petty
What Is Ocean Marine Insurance? It is a type of transit insurance which protects goods and merchandise that are being transported by vessels over foreign or domestic water. It also involves coverages for damages
sustained by the vessels during shipments. Depending upon the insured entity or companies requirements, ocean marine insurance can undergo the form of a number of distinct contracts. The insurance policy promises protection against all sorts of risks.
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