Multiple choice

Insurance related to vessels in the course of construction is included under:-

  1. Fire insurance

  2. Hull insurance

  3. Fidelity Guarantee insurance

  4. Burglary insurance

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

Hull insurance includes the insurances related to : i. inland vessels such as barges, launches, passenger vessels etc. ii. dredgers (mechanized or non-mechanized) iii. fishing vessels (mechanized or non-mechanized) iv. sailing vessels (mechanized or non-mechanized) v. jetties and wharves vi. vessels in the course of construction