There could be upward fluctuations in the ship sale and purchase market and owners may need additional protection. For such costs in excess of the hull and machinery value of the vessel, the shipowner may buy this increased value policy.
Affinity applications in insurance not only enhance customer service but also offer several advantages to companies:
In conclusion, affinity applications in insurance are a means of providing better service to customers and attracting new ones for businesses. These programs reflect industry advancements by focusing on specially designed insurance products and customer needs.
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