What is Marine Policy?
In this glossary, Marine Policy refers to: An insurance policy covering loss or damage to cargo, vessels, or other interests during transit by sea, as governed by maritime insurance regulations.
How is Marine Policy used in logistics?
In logistics communication, this term appears in contexts such as: "The shipper must obtain a Marine Policy covering all-risks before the cargo is loaded aboard the vessel for international transit."
Why does Marine Policy matter in logistics?
Marine Policy matters because it supports clear communication in Transport Documents contexts for Freight Forwarders, Supply Chain Managers, and Customs Brokers. It also connects to aviation training and exam language such as FIATA Diploma, CILT Certification, and IATA DGR.
Who uses Marine Policy?
Marine Policy is mainly used by Freight Forwarders, Supply Chain Managers, and Customs Brokers.
What category does Marine Policy belong to?
In this glossary, Marine Policy is grouped under Transport Documents. Related pages in this category explain adjacent procedures, commands and operational concepts.
Where does this definition come from?
This definition is sourced from Incoterms 2020 (ICC), FIATA, IATA DGR, WCO and published by Protermify Logistics as a static logistics reference page.