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Marine Insurance is of two types: Marin Hull insurance and Marine Cargo insurance. Marin cargo insurance is a contract between the insurance company and the insured customer in which the insurance company covers the loss or damage to the goods of the insured which are in transport in return for a nominal premium. The goods being carried should be adequately packed as per the packaging rules declared in the policy document. Marin Hull insurance covers the loss or damage to the Hull of the ship due to an insured peril.
Marine insurance is a type of insurance that covers losses caused by marine risks such as flood, fire, storm, and shipwreck. It also covers the loss or damage to the goods of the insured which are in transport in return for a nominal premium.
PolicyBachat is an online insurance web aggregator which helps in selecting the best insurance policy for its customers based on the customer’s requirements. We at PolicyBachat provide the customer with a wide range of options to select from. The best life insurance policy can be selected online from our portal. We even provide assistance to our customers in selecting the best life insurance policy based on the requirements of the customer.
Most insurance companies make money in two ways: Charging premiums to the policyholders and investing the insurance premium payments.
There are many different types of insurance and it can be difficult to decide which one is the best for you. However, by purchasing insurance online, you are able to compare different plans and find the one that suits your needs.
Here are some of the benefits of buying insurance online :
Yes, it is possible to husband and wife both claim maternity insurance.
Yes. The policyholder can nominate anyone for his insurance policy.
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