We know most of you are not familiar with marine Insurance but for the people who are related to marine know it well.
Basically Marine Insurance as meant for the water transport, it Covers all the losses or damage that might caused to ships, Cargo, terminals or anything by which anything is transferred or the transported through water bodies.
GMP group as one of the leading marine insurance service providers provides full coverage to all the stake holders related to an oceanic ranging from the Cargo owners, to ship owner, port authorities etc.
Marine insurance can be further classified into following type: