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Marine insurance contract covers the loss or the damage of ships, cargo, terminal and any transport by which the property will transfer, acquired or held between the points of the origin and the final destination. The cargo insurance is the sub-branch of marine insurance, though this also includes the coastal and the offshore exposed property. For example container terminal, ports, oil platforms, pipelines, hull, marine casualty, and marine liability. When goods are transported by mail or by the courier, then shipping insurance is used. Any kind of insurance in marine contract is covered under the Marine Insurance Act, 1963.
Table of Contents
These are the following features:
The advantages are as follows:
Specifications are as follows:
The four types as follows:
It covers the following issues:
The facts of this kind of contract are:
principle you must know:
Following persons are deemed to have the
In case you are looking for any of the
queries then visit on Enterslice
Various are the specialist policies
The process is as follows:
Are you looking for marine insurances? Then you may contact us at Enterslice
marine insurance contract is a mechanism that supports to mitigate risks of the financial
loss to the property such as ships, goods or the other movable maritime
transport on the payment of the premium by the assured to the insurer for an easy
insurance quote. The insurer provides the risk that covers the ship owners or
the cargo owners against the loss or the damage that the ship or the cargo may
suffer. However, the fact is that the different national regimes exist in the
conduct of the marine insurance business.
In case you are looking for more information,
kindly contact at Enterslice
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