INLAND MARINE INSURANCE BASICS
Inland Marine Insurance was born out of the desire to financially protect goods after they have been offloaded until they get to their final destination. This is because the Ocean insurance only covers the losses of goods when they are being transported through water-bound vessels. Inland Marine Insurance covers the various instrumentalities of land transportations such as tunnels and bridges. The insurance was initiated to protect goods while temporarily stored in warehouses or are in transit on land. It covers transportation losses for businesses that are in the supply chain sectors as well as everyone who needs to transport good from one place to another. Properties which are kind of involved in communication and transportation like bridges, transmission lines, wharves, and towers can also be insured through Inland Marine Insurance . Account Receivable Insurance, Equipment Floaters Insurance, Installment Insurance, Valuable Records Insurance, Parcel Post Insurance a