Nature and Key Characteristics of Marine and Cargo Insurance

Comprehensive Coverage

Protects against fire, explosion, theft, and accidental damage during transit.

Total Loss Coverage

Offers financial aid when goods are completely lost due to major accidents or disasters.

War & Strikes Coverage

Shields shipments from losses due to war, strikes, or civil unrest.

General Average Protection

Ensures shared cost responsibility when goods are sacrificed to save a shipment.

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