Fire insurance is the insurance of good in transit. Since it covers good in transit again must pure risks conected with trasportation insurance. Marrine insurance can be classfied into two categories :
Ocean Marine Insurance : Ocean Marine insurance provides protection of all type of risksof goods on transit in ship. All legal liabilities of the owners and shippers can also be covered in ocean Marine insurance.
AInland Marine Insurance: Inland marine insurance porvides financial security og goods are imported shipped on land. when goods are imported exported or domestically shipped, land Marine insurancecovers all types of goods in transitt. this coverage includes the loss by accident, theft, robbery ,fire etc.
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