What is ocean marine insurance?
What Is Ocean Marine Insurance? Ocean marine insurance is designed to help safeguard goods and merchandise on board shipping vessels while in transit either domestically or internationally. Marine insurance policies can also cover shipments in other stages of transport, including over land or by air.
What is not included in a commercial package policy?
Commercial package policies can't include certain items like workers' compensation or directors-and-officers insurance. Workers' compensation insurance is required by law and must be purchased as a separate policy. Directors-and-officers policies are necessary for non-profit organizations.
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