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marine insurance
(redirected from Boat Insurance)

   Also found in: Legal, Wikipedia 0.01 sec.
marine insurance: see insurance insurance or assurance, device for indemnifying or guaranteeing an individual against loss. Reimbursement is made from a fund to which many individuals exposed to the same risk have contributed certain specified amounts, called premiums.
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It is intended to be used for expenses such as license fees, moorage fees, boat payments, boat insurance, safety equipment and related items.
Do you offer additional coverages such as boat insurance and flood insurance?
Program note: Sailors who participate in such courses often receive discounted rates for boat insurance.
 
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