Marine Insurance Blanket Policy

The maritime industry is not exempted from today’s unprecedented global uncertainty. With the increase in governmental regulation and environmental standards, along with technological advancements and unforeseen natural disasters, the need for marine insurance has increased manifolds. There are many types of marine insurance policies available, which can be opted for, based on the need. A marine insurance blanket policy is one of the offerings which has recently received a lot of importance. In the article below, we shall understand why this insurance is needed and we will explore the features of the blanket marine insurance policy.