{"@context":"https://schema.org","@type":"DefinedTerm","name":"Marine insurance","description":"Marine insurance covers risks specific to ocean transport that fall outside the scope of standard land-based cargo policies: collision, sinking, grounding, piracy, storm damage, general average, and harm caused by saltwater or condensation. Underwriters calculate premiums based on vessel type, trade route, cargo classification, declared value, and the breadth of cover chosen—typically All Risks or Named Perils. Under certain Incoterms, notably CIF, the seller is obliged to arrange at least minim","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/marine-insurance","inLanguage":"en","dateModified":"2026-06-26T14:54:12.456391","citation":"https://www.investopedia.com/terms/m/marineinsurance.asp","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/marine-insurance","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"Marine insurance · Marine insurance covers risks specific to ocean transport that fall outside the scope of standard land-based cargo policies: collision, sinking, grounding, piracy, storm damage, general average, and harm caused by saltwater or condensation. · Quelle: https://www.investopedia.com/terms/m/marineinsurance.asp"}