Protection & Indemnity Insurance vs. Marine Transit Insurance: What’s the Difference?

Being insured can separate business owners from disastrous results in the fields of shipping, logistics and international trade. Marine insurance covers a lot, but P&I insurance and Marine Transit Insurance are some of the most misinterpreted policies. Although they look alike, these policies are meant for different reasons. Making the distinction between types of shipping is important for shipowners, cargo handlers, freight forwarders and logistics companies.

https://firstpolicy.com/services/marine-insurance/

Liability Insurance Coverage Explained: From Product Liability to Cyber Fraud Protection

Conventional product and liability insurance provides cover against claims caused by products defects, third party injuries or properties damaged. In the case of product liability, for manufacturers, retailers and distributors, the product liability insurance policy pays legal expenses and compensation in the event that a diseased product brings harm.

https://firstpolicy.com/servic....es/liability-credit-

Crime Insurance and Cyber Insurance: Protecting Businesses from Fraud and Cyber Threats

Businesses can shield themselves from criminal-caused financial losses through crime insurance which safeguards against employee theft and fraud and property robberies. The policy guards a business against internal criminal acts along with external criminal acts perpetrated by third parties. Most crime insurance policies protect businesses against the loss of funds and equipment together with physical property.

https://firstpolicy.com/servic....es/liability-credit-

The Future of Property Insurance in India: Trends and Evolving Coverage

Modern organizations along with house owners expect their insurance protection to be adaptable for their specific requirements. The age of uniform, standardized insurance policies has come to an end. The future of property insurance in India demands establishments that allow clients to select specific coverage options that align with their unique requirements.

https://firstpolicy.com/servic....es/property-insuranc

How Marine Insurance Companies Safeguard Global Trade

Marine insurance companies provide specific policies which shield owners of cargo and the shipping industry together with freight forwarders against various risks that occur during transit. The assessment process at these companies allows them to develop insurance plans that give financial restitution when shipping damage or loss occurs.

https://firstpolicy.com/services/marine-insurance/