Hull Insurance
(1) Class of Ocean Marine Insurance that covers physical damage to the ship or vessel insured. Typically written on an all-risks basis. (2) Physical Damage Insurance on aircraft, similar to Collision Insurance in an Automobile Policy.
(1) Class of Ocean Marine Insurance that covers physical damage to the ship or vessel insured. Typically written on an all-risks basis. (2) Physical Damage Insurance on aircraft, similar to Collision Insurance in an Automobile Policy.