#inland_marine_insurance

Inland marine insurance

Type of insurance in the United States

Inland marine insurance is an insurance category in the United States that indemnifies loss to movable or specialized types of property, historically developing as an outgrowth of ocean marine insurance. The term marine is of historical origin and the insurance definition has evolved to include a wide range of property and materials that are not marine related but may be in transit or deemed mobile including: property in transit, property in the custody of a bailee, property deemed to be an instrumentality of transportation or communication, such as bridges and radio towers, mobile medical equipment, and contractors equipment.

Tue 18th

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