What types of insurance does marine insurance cover?

Marine insurance mainly includes marine insurance and inland river insurance. Specific types of insurance include cargo transportation insurance, water ship insurance, water freight insurance, etc. Water-related insurance usually covers the waterway transportation of goods, so water-related insurance is also a kind of property insurance. The accidents covered by general marine insurance are all related to water travel, such as capsizing, collision, grounding, stormy weather, water theft and robbery.

Development characteristics of marine insurance

1. insurance transfer: marine insurance has gradually changed from ship building, marine engineering, exploitation of various marine resources and related economic activities to ship, cargo transportation and transportation process underwriting;

2. Expansion of liability: the scope of liability of marine insurance has expanded from the original maritime risks to inland rivers, inland rivers and air transport related to maritime trade;

3. Transfer of interests: the subject matter of marine insurance has changed from the original material property to intangible interests and responsibilities.