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Why is it called marine insurance?

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Why is it called marine insurance?

This question is from Insurance

I had been asked this question in an interview for job.

Other related questions to my question are:-

Why is it called marine insurance?

What is marine insurance called?

Who started marine insurance?

Why is marine insurance important?

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Right answer is: Originally, insurance companies offered “ocean marine” insurance to protect owners from losses of goods shipped by water in the event the ship sunk or was seized by pirates.

The title of my answer can be Inland Marine Insurance | Business Insurance | The Hartford

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