Which of the following statements about ocean marine insurance is true

Which of the following statements about ocean marine insurance is true?

A) The coverage is narrow and excludes perils of the sea.
B) Hull insurance includes collision liability covering the ship’s owner if the ship collides with another ship.
C) Protection and indemnity (P&I) insurance covers the shipper of goods for cargo losses.
D) A particular average loss is a loss incurred only if a ship is totally lost or destroyed.

ANSWER

Answer: B