Marine Insurance

Q.

What are the three major types of marine insurance?

Q.

What are the two types of marine insurance?

Q.

Explain the three important insurance involved in Marine Insurance?

Q.

What are the 5 principles of marine insurance?

Q.

How many types of marine insurance are there? Find the Answer at BYJUS

Q.

State True or False. Marine insurance provides protection against loss of rodent infestation.

1. True

2. False

Q. Write short answers for the following :
What is Marine Insurance?

Q.

A marine insurance is signed between the ______________ and the _____________.

1. insurer, insured

2. insured, insurer

3. insurance, insured

4. insurer, insurance

Q. A ________ covers goods kept at different places.

1. valued policy
2. floating policy
3. comprehensive policy
4. none of these

Q.

Sate different types of insurance?

Q. Subject matter of insurance include(s) _________.

1. Path of ships
2. Freight
3. Goods/cargo in the ship
4. All of the above

Q. Prateek Yadav rent the consignment of sacks of rice to his importer in London in the vessel of
Shriya shipping and logistics company . Parteek Yadav got his consignment insured against
seaperils . There were few rodents on the ships . They made holes in deck of ships and damaged
Prateek Yadav goods .
On the basis of the given information about Prateek Yadav . answer the following question ?
(a) Identify the type of insurance policy parteek Yadav has taken for protection of his
consignment?
(b) What are the three main types of insurance policy highlited in part (a)?
(c) Do the insurance company is liable to pay the compensation explain the relevant principle
of insurance applicable? (6)