Final answer:
Ocean marine hull insurance is typically written to cover a particular voyage or for one year. This statement is true.
Step-by-step explanation:
Ocean marine hull insurance is typically written to cover a particular voyage or for one year. This statement is true. Ocean marine hull insurance is a type of insurance specifically designed to cover the hull and machinery of ships or other marine vessels. It is commonly written on a voyage basis, meaning it covers a specific journey from one port to another, or on an annual basis, providing coverage for a duration of one year. The insurance policy may include coverage for perils such as accidents, collisions, grounding, and even piracy.