What Is a Marine Insurance Policy in India and Why Businesses Need It

Insurance

Source: What Is a Marine Insurance Policy in India and Why Businesses Need It

A Marine Insurance Policy in India provides end-to-end cargo insurance for businesses involved in domestic and international trade. It protects goods against transit risks such as damage, theft, fire, and natural disasters across sea, air, road, and rail transport. Supported by the Marine Insurance Act, 1963, marine cargo insurance coverage helps reduce financial exposure, ensures supply chain continuity, and enables businesses to trade with confidence.

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