There is a whole lot of unanswered questions that would need to be answered like , what type of policy and who owns the policy. If it is owned by the insured than they could cash it in depending on...
A Marine Insurance Policy is the actual contract of insurance between the insurer and the insured. Most of these policies are what is being referred to a Open Marine policies which means that the...
The insurance policy is the product you have purchased, it has lots of definitions, clauses and limitations. The insurance certificate is issued to you so that you can prove to a third party (eg the...