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SIR NATIONAL METALLURGICAL LABORATORY (Council of Scientific & Industrial Research) SUBMARINES, JAMSHEDPUR 831 007 Tel: 0657 2345129/132, Fax: 0657 2345131 Email: spo@nmlindia.org Website: www.nmlindia.orgTENDER

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How to fill out marine insurance

01

Gather all relevant information about the vessel including its specifications, value, and cargo it will be carrying.

02

Choose the type of marine insurance coverage that best suits your needs such as hull insurance, cargo insurance, or liability insurance.

03

Contact an insurance broker or company specializing in marine insurance to discuss your options and get quotes.

04

Fill out the application form provided by the insurance provider with accurate information about the vessel and its usage.

05

Review the policy terms and conditions carefully before signing the insurance contract.

06

Pay the insurance premium to activate the coverage for your vessel.

Who needs marine insurance?

01

Ship owners who want to protect their investment in vessels and cargo.

02

Cargo owners who want financial protection in case of damage or loss during shipment.

03

Freight forwarders and logistics companies who handle goods in transit.

04

Marine contractors who use vessels for construction or maintenance projects.

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What is marine insurance?

Marine insurance is a type of insurance that covers risks associated with transportation of goods, cargoes, ships, and other assets through waterways.

Who is required to file marine insurance?

Individuals or companies involved in maritime activities such as shipping companies, cargo owners, vessel owners, and freight forwarders are required to file marine insurance.

How to fill out marine insurance?

Marine insurance can be filled out by providing information about the goods or assets to be insured, the vessels involved, the terms and coverage of the insurance, and other relevant details.

What is the purpose of marine insurance?

The purpose of marine insurance is to protect against losses or damages incurred during transportation of goods or assets through waterways.

What information must be reported on marine insurance?

The information to be reported on marine insurance includes details of the goods or assets, the vessels involved, the terms of the insurance coverage, and other relevant information.

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