Contents
Introduction 2
Role of Marine Transit Insurance in Supply Chain Strategies 2
Necessity of the Contract 3
Ramifications of Non-Insurance or Incorrect Policy Cover 4
Conclusion 5
References 7
Description
Marine Transit Insurance enables organizations to cover loss or damage of cargo, ships and any transport, which is transferred between the point of origin to final location. This insurance enables organization to avoid risks caused due to various factors and which can lead to financial losses. This report discusses the role of Marine Transit Insurance in the supply chain process of the organization.