Question on: JAMB Commerce - 2019
The type of insurance policy that is compulsory in International trade so that all goods passing through the sea must be covered is considered to be________
A
The type of insurance policy that is compulsory in International trade so that all goods passing through the sea must be covered is considered to be
B
Aviation Insurance
C
Marine Insurance
D
Life Assurance
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Correct Option: C
Marine Insurance covers losses (or liabilities) relating to ship and their cargoes or liabilities relating to shipping and against the dangers or perils of the sea.
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