Marine insurance typically covers the value of the goods being transported and may also include additional coverage for related costs such as freight charges, customs duties, and other expenses incurred during transit. The coverage may vary depending on the insurance policy, and it is important for businesses and individuals to carefully review the terms and conditions of the policy to ensure that their specific needs are adequately covered.

Marine insurance is essential for businesses and individuals involved in the transportation of goods to protect their financial interests in case of loss or damage during transit. It provides peace of mind and helps mitigate the risks associated with transporting goods across different modes of transportation and through various geographic regions. It is advisable to work with a reputable insurance provider or insurance broker to determine the appropriate type and amount of transport insurance needed based on the nature and value of the goods being transported and the specific risks involved in the transportation process.