Inland marine insurance,
Definition of Inland marine insurance:
Insurance provided to cover the loss to movable or moving property that is a subset of ocean marine insurance. The insurance policy covers the property while in transit including while crossing an ocean, and utilizing bridges and tunnels as a method of transportation.
How to use Inland marine insurance in a sentence?
- The inland marine insurance was a recommendation given to us by the captain who wanted to remove risk from the equation.
- Derek had gotten a great deal on inland marine insurance from Advertisement Opportunity Here, Inc, and therefore wasnt worried when a tunnel collapsed on his yacht.
- You may need to have some inland marine insurance if you will be doing lots of business in or near to the ocean.
Meaning of Inland marine insurance & Inland marine insurance Definition