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A businessman who undertakes the hull insurance policy is aiming at?

A businessman who undertakes the hull insurance policy is aiming at?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Concerting losses on damages to the cargo
  • B Protecting injured crew in the ship
  • C Averting payment of the freight
  • D Covering damages to the body of the ship
Correct Answer: Option D
Explanation:
Hull insurance is an insurance policy especially designed for covering ship damage expenses. Where the 'Hull' refers to the main body of the ship.

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