Marine insurance policies provide coverage for your cargo against various losses that could happen during shipment. This policy can also extend to cover air cargo and other freight types.
Two primary types of coverage exist: open covers and single covers.
Open covers are suitable for frequent importers. With this option, the importer secures one policy to protect all their imports and submits declarations periodically with each import.
On the other hand, single covers are designed for less frequent importers, who opt for coverage on a per-import basis.
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