Marine insurance renewal: What businesses often miss
Cargo values may change due to inflation, increased raw material costs or changes in product prices. However, businesses often mistakenly opt to renew with an outdated cargo value, leading to underinsurance (the insured amount is below the actual value of the shipment).
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Story file
- Section
- Business
- Topics
- Economy & RBI
- First reported by
- Op India
- Reporter
- opindia staff
- Published
- Sunday, 18 October 2026, 10:29 am IST
- Coverage
- One outlet so far
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