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

But the extra cost of operating in a war zone, on top of standard marine insurance, certainly has been turning heads.

From MarketWatch • Jun. 18, 2026

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

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

In marine insurance it is lawful for a shipper to insure his goods twice, but only to give an additional security in the event of the failure of the first underwriters.

From The New Gresham Encyclopedia Volume 4, Part 1: Deposition to Eberswalde by Various