Explain the following ocean marine insurance coverages: a. Hull insurance b. Cargo insurance c. Protection and indemnity

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Explain the following ocean marine insurance coverages:
a. Hull insurance
b. Cargo insurance
c. Protection and indemnity (P&I) insurance
d. Freight insurance

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Principles of Risk Management and Insurance

ISBN: 978-0132992916

12th edition

Authors: George E. Rejda, Michael McNamara

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Question Posted: Jan 30, 2015 07:47 AM

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Explain the following ocean marine insurance coverages: a. Hull insurance b. Cargo insurance c. Protection and indemnity

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a Hull insurance covers the physical damage to the ship or vessel It is similar to autom...View the full answer

Principles of Risk Management and Insurance

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