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Time Policies relate to:

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Question: Time Policies relate to

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  1.  Fire insurance
  2.  Hull insurance
  3.  Personal Accident insurance
  4.  Workmen’s Compensation insurance
  5.  Motor vehicles insurance

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2. Hull insurance

Time Policies relate to Hull insurance.

More info:

Hull insurance is an insurance policy especially designed for covering ship damage expenses.

It covers all types of vessels operating into the oceans, lakes, or rivers like bulk carriers, fishing boats, ships, tankers, cruises, yachts, jetties, and wharfs.

More about FPA:

The FPA clauses are mainly found in marine insurance policies.
It does not include liability for compensation for losses to the cargo or to the hull other than those caused by stranding, sinking, burning or collision.

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