Voyage policy insurance is associated with

Assessment: WAEC SSCE - Commerce - 2013 (Objective) Subject: Commerce

Question 1 Report

Voyage policy insurance is associated with

Answer Details
Voyage policy insurance is associated with marine insurance. It is a type of insurance that covers a specific voyage or journey of a ship, cargo or both. It provides protection for the vessel and cargo against losses or damages that may occur during the voyage such as sinking, collision, piracy, or natural disasters. Voyage policy insurance is an important tool for managing the risks associated with shipping goods across the sea.
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