voyage policy

Definition of "voyage policy"
  1. A type of marine insurance coverage that applies exclusively to a specified trip
How to use "voyage policy" in a sentence
  1. A voyage policy was obtained to secure the ship's transatlantic journey.
  2. The cargo was covered under the voyage policy for its transport from New York to London.
  3. Due to the risks involved, the freight company ensures all its ocean-bound trips with a voyage policy.

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