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.
Source: https://www.investopedia.com/terms/m/marineinsurance.asp
Tools that match this term
Analyze all 11 Incoterms 2020: cost matrix, risk timeline, insurance gap detector and customs responsibility – free, no login required.
Weekly: Top news, industry facts and insights from the world of logistics – free.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.