Key types of Marine Insurance include:

• Marine Cargo Insurance – Covers goods in transit by sea, air, or land against damage, theft, or loss.
• Marine Hull Insurance – Protects vessels against physical damage to the ship, including collisions and accidents.
• Liability Insurance – Covers third-party damages or injury caused by the vessel.
• Protection and Indemnity Insurance – Covers legal and financial liabilities, such as environmental damage or crew injuries.
• Freight Insurance – Protects the value of freight during shipping, ensuring compensation for lost or damaged goods.
• Shipbuilders' Risk Insurance – Covers risks involved in ship construction or repair.