A. endowment
B. hull
C. fidelity
D. accident
Correct Answer: Option B
B. hull
Explanation
The Hull policy provides coverage for loss to vessels hull and machinery. it is a contract that provides indemnification for damage sustained to or loss of an insured vessel. i.e. it reimburses the assured for damage to the assured’s property if caused by one of the enumerated events covered in the policy.
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