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Question

Write a word or phrase or a term which can substitute each one of the following:

The policy under which cargo is insured for a specific period & voyage.

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Solution

The policy under which cargo is insured for a specific period & voyage - Mixed policy
Explanation:
Mixed policy is a combination of voyage policy and time policy. Voyage policy provides insurance for a particular voyage, irrespective of time. On the other hand, time policy is for a specific period of time.

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