marine insurance

American  

noun

1. ocean marine insurance.

2. inland marine insurance.

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marine insurance British  

noun

1. insurance covering damage to or loss of ship, passengers, or cargo caused by the sea

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Etymology

Origin of marine insurance

First recorded in 1795–1805

Example Sentences

Most marine insurance policies don’t apply within war zones.

From Barron's • Mar. 2, 2026

The collapse of a bridge in the US city of Baltimore will result in the largest single marine insurance loss ever, a British insurance marketplace said.

From BBC • Mar. 28, 2024

Historians estimate between one and two-thirds of the British marine insurance market was based on the slave trade in the 18th century.

From Reuters • Nov. 8, 2023

Odds and ends from the book — references to Cairo, the business of marine insurance — get new weight and a different context.

From Los Angeles Times • Mar. 24, 2023

Before the Italian or English hats enter into competition in the domestic wholesale market with hats of domestic manufacture expenses for transportation, marine insurance, and consular fees must be incurred.

From Men's Sewed Straw Hats Report of the United Stated Tariff Commission to the President of the United States (1926) by Commission, United States Tariff