: insurance against loss by damage or destruction of cargo, freight, merchandise, or the means or instruments of transportation and communication whether on land, sea, or air — compare inland marine insurance, ocean marine insurance
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1. See ocean marine insurance.
2. See inland marine insurance.
[1795-1805]
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marine insurance noun
Insurance of ships or cargoes
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Main Entry: ↑marine
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marine insurance,
insurance against damage to goods in transit and their means of transportation, especially in regard to shipwrecks or disasters at sea.
Useful english dictionary. 2012.