MM2323: What are the main elements covered under a typical marine cargo insurance policy: Marine Insurance, Essay, IMBM

Section B : 4 Optional Questions (OQ)

OQ1) What are the main elements covered under a typical marine cargo insurance policy?

OQ2) Explain the concept of ‘perils of the sea’ in marine insurance.

OQ3) Explain the concept of ‘General Average’ in marine insurance.

OQ4) Compare and contrast ‘Hull Insurance’ and ‘Protection & Indemnity’ (P&I) insurance.

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