How To Calculate Marine Insurance Premium & Factors That Decide It.

Marine Insurance is broad in scope as well as very wide and probably this is the reason why there is a specific categorization of different types of marine insurance plans. As per the requirements and criteria of transporters a specific type of marine insurance policy can be selected. However, many times, the customers of marine insurance do not understand how the premium of a marine insurance policy is calculated. Let’s move ahead and talk about how to calculate marine insurance premiums and what are some of those factors decide it.

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