Question on: SS2 Commerce - Marine insurance policies

What is a valued policy in marine insurance?

 

View related lesson
A

 A policy that covers multiple voyages

 

B

A policy with a flexible and adjustable coverage amount

 

C

A policy with a predetermined and agreed value of the insured subject matter

 

Ask EduPadi AI for a detailed answer
Correct Option: B

A policy with a predetermined and agreed value of the insured subject matter

 

Add your answer

Notice: Please post responsibly.

Please share this, thanks!

No responses