As a sellerm whether you transport goods within India or internationally via roads, railways, airways, or seaways, arine insurance protects your goods from the point of origin to the destination.
Marine insurance is guided by 11 INCO terms set by ICC (International Chamber of Commerce) but what exactly are these INCO Terms ?
They define the responsibilities of buyers and sellers during transit.
Types of Marine Insurance policies
Open Policy
Single Transit
Annual STOP (Sales Turnover Policy)
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