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Paul Rweria 
Keyword(s):
- Cover (2%)
- Risks (2%)
- Insurance (2%)
- Ship (2%)
- From (1%)
- Losses (1%)
- Marine (1%)
- Maritime (1%)
- Policies (1%)
- Covers (1%)
- Case (1%)
- Types (1%)
Summary:
Marine Business is exposed to a wide variety of risks. Therefore, investors in this business have taken insurance covers to caution themselves from such perils. A good example is freight demurrage and defence insurance policy, which covers marine investors from the cost of all the legal proceedings associated with maritime disputes. It covers the cost of defending claims that may arise concerning contracts of carriage, vessel building contracts, crew contracts to mention a few.
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