A Marine Insurance Policy is the actual contract of insurance between the insurer and the insured. Most of these policies are what is being referred to a Open Marine policies which means that the policy covers many shipments under one policy.
An insurance certificate is issued for a particular shipment that the insured declares under the Open policy. The insured does not issue a policy for each individual shipment.
The insurance policy is the product you have purchased, it has lots of definitions, clauses and limitations. The insurance certificate is issued to you so that you can prove to a third party (eg the police if it is for auto insurance) that you have a valid insurance policy.
difference of motor and marine insurance
What is the difference between voluntary life insurance and life, ad/d?
Difference between h03 and h05 home owners insurance?
Homeowners insurance is often referred to as Hazard Insurance. They are the same thing.
the difference between a warranty and insurance, is a warranty is when you can return it to either get another or to just return it. insurance is when you have coverage over the object or living being.
The main difference between children's and adults health insurance is that children may be eligible for low- or no-cost insurance through Medicaid or the Children's Health Insurance Program.
your not covered for damages
Privilege insurance is not the same as life insurance. To receive a better understanding of the difference between the two, it is best to contact an insurance agent.
Usually the only difference between accidental death life insurance and regular life insurance is the name, although sometimes an accidental death life insurance will pay out more money if the death is accidental.
There is no difference between second hand caravan insurance and first hand caravan insurance. Thus you can get the insurance from any insurance company that supplies caravan insurance.
The key difference between life insurance and whole life insurance is that regular life insurance carries a fixed term while whole life insurance covers one's entire lifetime. Whole life insurance also accumulates a cash value that one can borrow money against.