Question

What is the major difference between marine insurance and most other non-life classes of insurance?

a.

The items to be insured are mobile

b.

The items to be insured are not mobile

c.

The items to be insured are not exposed to perils

d.

The items to be insured are not subject to liabilities

Answer: (a).The items to be insured are mobile Explanation:The major difference between marine insurance and most other non-life classes of insurance is that the items to be insured, including related liabilities, are mobile.

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Q. What is the major difference between marine insurance and most other non-life classes of insurance?

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