Marine Insurance Claims
What it covers.
Marine insurance offers coverage for various risks associated with maritime activities, including cargo loss or damage, vessel damage, hull insurance, and marine liability. The claims process involves assessing and settling losses related to these risks.
Coverage Types
1. Cargo Insurance
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2. Hull Insurance
Covers physical damage to the vessel, including the hull, machinery, equipment, and fittings. Extends to risks like collision, grounding, sinking, fire, and piracy.
3. Marine Liability Insurance
Protects against legal liabilities arising from maritime operations, including claims for bodily injury, property damage, pollution, and wreck removal
