Marine Insurance is a type of insurance designed to provide coverage for the transportation of goods or acquired between different points of origin and their final destination. The Two branches of Marine insurance are ocean marine (primarily water-based exposures) and inland marine (primarily land-based exposures).
Providing protections against transport-related losses, this voyage policy provides a haven for shipping companies and couriers because it protects them from costly potential losses while transporting goods by water. The insured can choose the coverage based on specific business requirements. The policy is available for a variety of cargo/goods if you are dealing in or manufacturing them.