I want to know more about Marine Insurance? What all things we can cover under Marine Insurance?
Thanks in advance!
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I want to know more about Marine Insurance? What all things we can cover under Marine Insurance?
Thanks in advance!
Quote:
Originally Posted by Yugendhar
- Transit of heavy goods such as Rail Engines by shipping vessels or
- Consignment of Diamonds sent by post or
- Movement of household goods by rail/road/Air.
- Risks vary with the type of business transacted whether it is by importers, exporters or trading house.
- Some form of Life & transit risks is still undertaken by Indian Posts & Telegraphs Dept.
Marine insurance is the first insurance by which the insurance started. In Marine insurance, you can cover all things which can be transported from one place to another like post, letter, any exported item etc. Not Human being. :eek:Quote:
Originally Posted by Yugendhar