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 covers losses or liabilities relating to ship and their cargnes or liabilities relating to ship and against the dangers or perils of the sea.
Marine Insurance covers losses or liabilities relating to ship and their cargnes or liabilities relating to ship and against the dangers or perils of the sea.