*** EFFECTIVE OCTOBER 10th, 2024 ***
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Marine Insurance is a form of insurance generally related to the transportation of goods. Originally most goods were transported by ship and across seas or oceans (Ocean marine) but this was gradually extended to include the transportation by train, motor transport, (inland marine) and now extends to include inland water ways, shipping and shipping by air. Marine insurance is therefore, divided into two general classes; (1) ocean marine and (2) inland marine.