inland marine insurance
- A type of coverage that helps protect against damage or loss of property being transported domestically, equipment used for transportation or communication, and personal belongings
- The company took out an inland marine insurance policy to protect their expensive equipment during cross-country transport.
- After several pieces of her art collection were damaged during relocation, she decided to get inland marine insurance for future moves.
- Due to the high cost of the machinery used in their daily operations, the firm decided that an inland marine insurance policy was a worthwhile investment.
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