......... is an agreement whereby the insurer agrees to indemnify the insured against losses due to sea and port perils

Name: ......... is an agreement whereby the insurer agrees to indemnify the insured against losses due to sea and port perils
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Question

Quizplus · Accepted Answer

Marine insurance specifically covers the loss or damage of ships, cargo, terminals, and any transport by which property is transferred, acquired, or held between the points of origin and final destination against sea and port perils.

Is an Agreement Whereby the Insurer Agrees to Indemnify