What Does Marine Cargo Insurance Mean?

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What does Marine Cargo Insurance mean? Read on to discover the definition & meaning of the term Marine Cargo Insurance - to help you better understand the language used in insurance policies.

Marine Cargo Insurance

Marine Cargo Insurance

A marine cargo insurance (also known as a voyage policy) refers to a marine policy that covers the goods transported by a sea vessel. It does not cover the vessel itself, although the insurer evaluates the vessel and the crew for safety and competence, respectively, before issuing such a policy.

We hope the you have a better understanding of the meaning of Marine Cargo Insurance.

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