Insurance · Marine Insurance Principles
In the domain of Marine Insurance, a 'Voyage Policy' is specifically designed to provide coverage for:
- 1A particular transit from one place to another, regardless of the time it takes to complete.✓
- 2A fixed duration of time, typically not exceeding twelve months, regardless of the journey.
- 3A combination of a specified journey and a defined period of time within the same contract.
- 4A vessel's hull and machinery while it is stationary and undergoing repairs at a specific port.
Correct answer
A particular transit from one place to another, regardless of the time it takes to complete.
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