Which of the following statements is TRUE about sea transport?
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Correct Answer: Option C
Explanation:
The ship and its crew represent different insurance risks. The vessel can therefore be insured separately from the crew. Marine insurance arrangements may provide separate coverage for the ship and for risks associated with the people operating it.
The ship and its crew represent different insurance risks. The vessel can therefore be insured separately from the crew. Marine insurance arrangements may provide separate coverage for the ship and for risks associated with the people operating it.