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_______ is concerned with overseas trade.

  • Marine Insurance is concerned with overseas trade.
  • Marine insurance is a type of insurance that is primarily concerned with the protection of ships, cargo, and other marine-related risks.
  • While marine insurance is commonly associated with overseas trade, it also covers shipping activities in domestic waters.
  • The main objective of marine insurance is to protect the interests of parties involved in shipping and trade, including ship owners, cargo owners, freight forwarders, and other stakeholders.
  • It provides financial protection against various risks, including damage to ships or cargo, loss of cargo due to theft or piracy, and liability for accidents or injuries at sea.