Ocean marine insurance

{
  "id": "MLC-T-INS-002392",
  "term": "Ocean marine insurance",
  "field": "Insurance and risk management",
  "definition": "A broad category of insurance that covers loss or damage to vessels, cargo, and liabilities arising from maritime operations. This includes hull insurance for the ship itself, cargo insurance for goods being transported, and protection and indemnity (P&I) insurance for third-party liabilities. Coverage extends to perils of the sea, piracy, and other marine risks.",
  "url": "https://mlchart.com/terminology/insurance/ocean-marine-insurance/"
}