Marine Liability Insurance
Marine liability insurance in Kenya is mainly for imports and exports.
Marine insurance is part of international trade requirements. This type of policy is for cargo carried by ship from one country to another.
The ship also like a motor vehicle needs to be insured. This type of policy is known as marine hull policy.
The owner of the ship also needs to be protected from third parties liabilities, should the ship collide with another one or damage other people's property at the port or at the sea.
In case the ship is used to carry passengers, it must have passenger liability cover.
There are elaborate marine laws governing marine insurance.
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