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Commercial fishing boat insurance is a specialized type of insurance product available in India, designed to protect fishing vessels and their operations from various risks. In the Indian context, this insurance covers aspects such as hull damage, machinery breakdown, and third-party liability, which are crucial for the fishing industry along the coastal regions. Local providers in India offer policies that are tailored to the unique challenges faced by fishermen, including weather-related perils and theft. By securing this insurance, boat owners can ensure financial stability and compliance with national regulations, supporting the growth of the maritime sector in India. |
