Which of the following is not an example of Marine insurance?
Answer Details
The option that is not an example of Marine insurance is "Fidelity". Marine insurance provides coverage for risks associated with marine transport, such as damage or loss to cargo, ships, or terminals during the shipping process. Hull, cargo, and freight are all types of marine insurance that protect against different types of risks, such as damage to the ship or goods during transport, or liability for the cost of goods lost during transport. Fidelity insurance, on the other hand, is a type of insurance that covers losses arising from employee theft or dishonesty. Therefore, fidelity insurance is not related to marine transport and is not an example of marine insurance.