The insurance policy which covers damages to the body of a ship is?

By: |Published on: May 31|Categories: Commerce WAEC| 0 comments

A. marine insurance
B. cargo insurance
C. ship liability insurance
D. hull insurance

Correct Answer: Option D

D. hull insurance

Explanation

Hull insurance is an insurance policy specially designed for covering ship damage expenses. Where the ‘Hull’ refers to the main body of the ship.

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