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Cargos damaged by turbulent sea water, snow storm etc. are covered under marine insurance. Apart from this, natural calamities like flood, earthquake (which are called Acts of God) etc. are covered under 'All Risks' clause. But remember, strikes, riots, mutinies are not always covered,and you are to pay additional premia for coverage of the said acts.
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What are two types of insurance policies?
there are two types of insurance 1. Life insurance 2. General insurance
What are the types of life insurance policies in India?
Some types of policies are: # Pure term life insurance # Endownment # Whole life # Money back # Unit Linked Insurance Policies # etc...
What types of insurance does United India Insurance provide?
United Insurance Company provides , Personal policieslike Householder, Personal accident, Mediclaim, Unimedicare, Bhavishya arogya and commercial policies like Fire insurance, Marine insurance, Motor insurance, Industrial insurance, Liability insurance.
Why is is important to have different types of insurance?
Since human needs vary, there is necessity for different types of insurance policies. While life insurance policies cater only policies related to individual life, general insurance has vast categories ranging from medical insurance, shopkeepers policy, householders policy, fire and burglary policy, marine policy, money transit policy and so on. Each policy cater to specific needs of the person or concern as the case may be.
What types of policies are offered by State Farm Insurance?
State Farm offers various policies. They offer life insurance, home insurance and auto insurance.
What types of insurance policies are offered by the Federal Insurance Company?
There are only a few types of insurance policies offered by the Federal Insurance Company. They would include life and business insurance. There is not much information available other than that.
Difference between marine and non marine insurance?
Marine insurance covers the loss of ships, cargo, terminals, and the loss of cargo. Non-marine insurance does not cover any of these things and would include all other types of insurance.
What types of life insurance policies does HSBC offer?
HSBC offers many different types of life insurance policies such as term and whole policies. The option to list several beneficiaries is of course standard and available.
What commercial marine insurance is offered at global marine insurance?
The company offers the following types of Commercial Marine Insurance: Boat Rental Insurance, Boat Club Insurance, Charter Fleet Insurance and Passenger Boat insurance which includes tours, excursions and ferry.
What are the difference between the marine Insurance policy and insurance certificate?
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.
What policies does Acceptance Auto Insurance offer members?
Acceptance Auto Insurance offers their customers several different types of policies to choose from. Some of the policies they offer include auto insurance, renters insurance, motorcycle insurance and roadside assistance.
What types of insurance does Pekin Insurance provide?
Pekin insurance carries homeowners policies and also automobile policies for its clients. They also carry life and term insurance and have excellent rates.
