Final answer:
The correct answer is 'D. All Risk Form,' which is not a typical type of Cargo Coverage in Ocean Marine insurance. Ocean Marine insurance covers various types of maritime cargo and is crucial for the global economy.
Step-by-step explanation:
All of the following are types of Cargo Coverage in Ocean Marine insurance, EXCEPT:
- A. Single Risk Form.
- B. Floating, Open or Long Term.
- C. Warehouse-to-Warehouse.
- D. All Risk Form - This is not a type of cargo coverage typically found in Ocean Marine insurance policies.
Ocean Marine insurance offers coverage for various types of maritime cargo that may include containers, bulk cargos, refrigerated items, and liquid or gas cargos. The shipment of goods by sea is critical for global trade, with large container ships being a dominant mode of transporting goods such as those operating between Shanghai and Los Angeles, which can carry around 10,000 20-foot equivalent containers.