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GCE Commerce 1990 Question 43

Question 43

Insurance

Which of the following is a type of marine insurance?

  1. A.Endowment
  2. B.Freight
  3. C.Accident
  4. D.Fidelity
  5. E.Fire
Show the answer and explanation

Answer: B (Freight)

Explanation

Marine insurance covers hull, cargo and freight.