Marine Insurance
Authored by WAN NOR ZIANATUL ARIESYA BINTI WAN MOHD ZAINAL WAHAB undefined
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University
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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary purpose of marine insurance?
To protect land vehicles
To protect ships and cargo from maritime risks
To guarantee business profits
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does Perils of the Sea mean in marine insurance?
Risk that occur on land
Natural hazards such as storms, large waves, and shipwrecks
Cargo theft at the port
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the main types of marine insurance?
Cargo insurance, hull and machinery insurance
Life insurance, vehicle insurance
Fire insurance, travel insurance
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who can take out marine insurance?
Only shipowners
Only cargo owners
Shipowners, cargo owners, or any interested party
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cargo insurance protects goods against:
Loss and damage during transit
Crew wages
Freight non-payment
Ship maintenance costs
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT typically covered by marine insurance
Natural disasters causing damage to ships
Theft of cargo
Passenger travel insurance
Collision damage
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