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Importers and exporters have an important role to play in the country’s trade business. Their trading activities facilitate the movement of goods both within and outside the country. While it is a highly rewarding niche, the risks of damage and theft it brings along can cause considerable loss to the entities involved.

The role of marine insurance shines bright here, as it protects importers and exporters from suffering huge losses and prevents business disruptions. The top benefits of marine insurance for importers and exporters are discussed in this article.

An Overview of Marine Insurance

Marine insurance is an agreement between an insurance provider and a policyholder for the compensation of losses. Under marine o

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