Multiple choice

The policy which covers risk of water and land both is called

  1. fleet policy

  2. block policy

  3. voyage policy

  4. port policy

  5. none of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

 When the goods are dispatched by rail or road transport for shipment, a single policy may cover all the risks from the point of origin to the point of destination, which is block policy. Thus, block policy covers the risk of land ( rail or road transport ) and the risk of water also ( ship transport ).