The type of insurance policy that is compulsory in International trade so that all goods passing through the sea must be covered is considered to be____________
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Correct Answer: Option C
Explanation:
Marine insurance provides cover against losses or damage associated with ships, cargo and other risks arising from sea transportation. It is designed to protect goods and vessels against maritime perils during transportation.
Marine insurance provides cover against losses or damage associated with ships, cargo and other risks arising from sea transportation. It is designed to protect goods and vessels against maritime perils during transportation.