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单词 builders risk hull insurance
释义

builders risk hull insurance

Definition
An insurance policy purchased by ship builders and contractors to cover a boat before the owner takes possession. The insurance covers loss and liability from accidents, incomplete work, and mistakes. Prelaunch and post-launch accidents are covered, and the policy can reflect the startup value or the completed value of the ship.
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更新时间:2025/4/17 4:07:01