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
Correct Answer: Option C
Explanation
Marine Insurance covers losses or liabilities relating to ship and their cargnes or liabilities relating to ship and against the dangers or perils of the sea.