marine insurance

noun
ma·​rine insurance | \ mə-ˈrēn- \

Legal Definition of marine insurance

: insurance against loss by damage to or destruction of cargo or the means or instruments of its transportation whether on land, sea, or air — see also inland marine insurance, ocean marine insurance

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Cite this Entry

“Marine insurance.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/marine%20insurance. Accessed 20 Sep. 2020.

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