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O&I Marine

Ocean and Inland Marine Insurance

QuestionAnswer
Inland Marine policies traditionally cover which of the following types of property? Property in transit
Which of the following is/are included in the 6 categories of marine insurance? Imports; Exports; Domestic Shipments
Which of the following would be an Ocean Marine risk? A boat transporting goods down the Ohio River
A distinguishing characteristic between Commercial Inland Marine and non-filed forms is which of the following? Only filed forms can be included in the CPP
Which of the following Commercial Inland Marine forms represents an exception to the general rule that loss to stationary property is not covered? Instrumentalities of Transportation or Communication
Mrs. Ervin owns part interest in a ship leased by Freight R Us. Which coverage would best protect her interest in the ship while it's in transit? Hull
Which Ocean Marine Insurance coverage best parallels the Liability coverage of a Personal Auto Policy? Protection and Indemnity
Freight Insurance in Ocean Marine protects the insured against loss of the shipping cost only
Ocean Marine insurance provides coverages for property while in transit over Ocean, Rivers, and Lakes
Created by: BGeisert
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