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_________ is a policy in which the limits of the risks are determined by the place of particular voyage.

  • Voyage policy is a policy in which the limits of the risks are determined by the place of particular voyage.
  • This type of policy is designed to cover the risks associated with a particular journey or voyage, such as damage to the ship, cargo, or other property, as well as liability for any injuries or damages that may occur during the voyage.
  • The limits of coverage under a voyage policy may be determined by the specific risks associated with the journey, as well as the value of the cargo and the vessel.
  • For example, a voyage policy may include specific provisions for the risks associated with a journey through a particular region or waterway, or for the risks associated with a particularly valuable cargo.