- Accidental cover from day 1.
- 30 days waiting period: Any disease/illness/condition or treatment mentioned in 2 year exclusion list w [...]
The type of insurance that covers the loss or damage of ships, cargo, terminals, and any transport by which the materials and property is transferred, acquired, or held between the points of beginning and the final endpoint is referred to as marine insurance. This deals with ships and boats and the cargo carried in them.
Open cargo is type of freight insurance wherein the insurer offers coverage for the entire shipment from the point of shipping to the end destination point and approves to compensate for covered losses that have incurred for a specific period of time
Premium signifies the cost of protection coverage. For most insurance policies, premium are generally paid monthly, quarterly, or annually As far as marine insurance is concerned, the firm may need to pay a premium per shipment.
Marine insurance covers the loss or damage of ships, cargo, terminals, and any transport by which the property is transferred, acquired, or held between the points of origin and the final destination.