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INTERNATIONAL TRADE DATA NETWORK

Chafee Center for International Business
Bryant University - Smithfield, RI  02917-1284 USA
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Marine Insurance

Q:  What is ocean marine insurance?

A:  Contrary to what its name might suggest, marine insurance isn't just for "boats". Ocean marine insurance protects ocean transportation exposures, including ships or hulls, goods or cargo, earnings (such as freight, passage money, commissions, or profit), and liability (known as protection and indemnity).

Q:  What is inland marine insurance?

A:  Inland marine insurance can protect goods that are on the move. This includes special types of property that are mobile, of unique value, related to transportation or communication, or otherwise considered to need special protection. For example, if your business routinely ships computers across the country, inland marine insurance could be used to protect your shipments. If you have high value artwork in your lobby, inland marine insurance could be used to protect your investments.

Learn About International Insurance

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	International: Why Insure Internationally?
	Marine: What is Marine Insurance?
	Coverage: International Cargo Insurance
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Last Update: Wed, 10 Mar 2010 15:53:52 -0500 (Eastern Daylight Time)