Marine insurance can be a valuable investment for those who own or operate ships, cargo, or other marine vessels. It provides protection against the risks and uncertainties that come with transporting goods and people over water. The benefits of marine insurance include coverage for damages to the vessel or cargo, protection against piracy and hijacking, liability coverage for accidents and environmental damage, and more. Additionally, many countries require marine insurance for certain types of vessels, so it may be a legal requirement for some businesses. However, the cost of marine…
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