Marine Insurance Policy

A Marine Insurance Policy is a type of insurance that protects against loss or damage to ships, cargo, and other marine operations. It covers various risks, such as accidents, storms, theft, and more, while goods are being transported over water. Essentially, it helps businesses and individuals manage the financial risks associated with maritime activities, ensuring that if something goes wrong, they are compensated for their losses. Marine insurance can also extend to other related areas, like maritime liability and protection for shipping companies.