Question

What are the two broad categories of hull insurance?

a.

Ocean-going vessels and local crafts

b.

Air transit and inland transit

c.

Bulk carriers and OBOS

d.

Barges and dredgers

Answer: (a).Ocean-going vessels and local crafts Explanation:Hull insurance falls into two broad categories, ocean-going vessels, including bulk carriers, tankers and OBOS, and local crafts such as barges, lighters, launches, tugs, dredgers, trawlers, etc.

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Q. What are the two broad categories of hull insurance?

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