Marine businesses and those shipping cargo overseas should consider ocean marine insurance, especially marine service providers, transportation operators, and businesses reliant on overseas shipping. Key coverages include cargo insurance, hull and machinery insurance, marine liability, pollution insurance, and protection and indemnity insurance. Policies have coverage limits and exclusions like war, civil unrest, and wear. Inland marine policies cover overland transit, and specialized war risk insurance protects against war-related damages and piracy.
