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In ________ policy, several ships belonging to one owner are insured under the same policy.

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Question

In ________ policy, several ships belonging to one owner are insured under the same policy.

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Solution

In fleet policy, several ships belonging to one owner are insured under the same policy.

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Chapter 4: Business Services - EXERCISE [Page 90]

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Explain the types of Life Insurance Policies?


Explain the types of fire insurance policies.


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Answer in one sentence.

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The person who is protected against certain losses is known as insurer.


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Explain the following term/concept.

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Name of the policy where several ships belonging to one owner are insured under the same policy.


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Life Insurance and Fire Insurance


Life Insurance and Fire Insurance.


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