Definitions for "Ocean Marine Insurance"
Property-casualty insurance coverage for damage or destruction of a ship's hull and cargo as a result of the occurrence of an insured peril.
Insurance for all ocean-going and inland vessels, including business or leisure craft and the associated facilities such as piers, terminals and repair facilities.
A form of insurance that covers sea vessels and cargoes being carried on those vessels, as well as liabilities in connection with such activities.