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Specific Marine Insurance

Marine Insurance - Specific Policy is a type of insurance plan that provides coverage for a specific journey. This type of insurance policy provides coverage if there is any damage to the goods or any other product during transportation from the start location to the destination.

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Specific Marine Insurance

What is Specific Marine Insurance?

As the name suggests, Marine Insurance Specific Policy provides coverage only for a specified journey. Whether you are getting your goods transported by airways, ships, or any other means, Marine Insurance - Specific Policy provides the relevant financial protection. Any business be it a small or established business, requires this insurance policy to ensure protection for their transported goods. This plan thus protects your goods in case of theft, damage, mishandling, or even instances of non-delivery. So, any business based on their requirement can customise Marine Insurance Specific Policy as per their needs.
Benefits of Specific Marine Insurance
There are several benefits of buying Marine Insurance - Specific Policy such as those listed below:
  • Marine Insurance - Specific Policy provides a safety net for your business. In case of any unforeseen circumstances where your goods are damaged during transportation, then the necessary financial coverage will be provided.
  • With Marine Insurance - Specific Policy, you can also include a number of add-ons that will provide protection in case of war, terrorism, and other such events.
  • This type of insurance policy is very helpful in protecting your business against potential financial losses.

Frequently Asked Question

  • 1

    Can I get coverage for multiple transportation under Marine Insurance - Specific Policy?

    No, the Marine Insurance - Specific Policy provides coverage for a specific journey.

  • 2

    What is covered under Marine Insurance - Specific Policy?

    The Marine Insurance - Specific Policy provides coverage for any damage to the goods due to riots, wars, or any other unforeseen circumstances.

  • 3

    Is damage due to ordinary leakage covered under Marine Insurance - Specific Policy?

    No, damage due to ordinary leakage is not covered under Marine Insurance - Specific Policy.

  • 4

    What if my goods do not reach the destination under Marine Insurance - Specific Policy?

    In case the insured goods do not reach the destination, then the necessary financial assistance will be covered under Marine Insurance-Specific Policy.