Business Studies

Subject matter of insurance include(s) _________.


ANSWER

All of the above


SOLUTION
The subject matter of marine insurance may be a ship, its cargo or its freight. 
If the cargo is destroyed or the ship is lost on the way, the shipping company will lose the freight. Therefore, the shipping company takes out a policy to cover this risk. Such marine insurance is called Freight Insurance.
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Single Correct Medium Published on 18th 08, 2020
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