Marine insurance

Marine insurance is an important aspect of marine commercial activity.

Marine insurance is the general term used for insurance that deals with cargo, ships, and terminals and the damages and loss that they may suffer.

It is the branch of the insurance sector that deals with the loss or damage that may occur at any point of transfer of cargo or goods.

According to Wikipedia, it “covers the loss or damage of ships, cargo, terminals, and any transport or property by which cargo is transferred, acquired, or held between the points of origin and final destination.”

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