Diploma in Marine Insurance Admission 2021

• Marine Insurance is the specialized course in the field of maritime. The duration of diploma in marine insurance shall consist of 6 months.
• Interested candidates can pursue this course in online mode. The course duration may vary from institution to institution. In order to complete this course, students have to pay the tuition fee of approximately INR 19,000. 
• Marine insurance covers the loss or damage of ships and goods transported by sea route.
• Marine insurance is of different types such as cargo insurance, hull insurance, freight insurance and liability insurance.

The course of diploma in marine insurance covers the following subjects:

•    Introduction to Marine Insurance
•    Shipping Terminology
•    Marine Risk and Marine Insurance Policy
•    Insurance Application Instructions
•    Principles of Marine Insurance Law
•    Export Credit Guarantee Corporation (ECGC)

Eligibility Criteria for Diploma in Marine Insurance:
Candidates who are willing to take admission into diploma in marine insurance are required to hold the minimum qualification of 10+2 level. It is necessary for the candidates to pass the intermediate examination with minimum 45% aggregate marks.

Admission Procedure for Diploma in Marine Insurance:
•    Candidates who are interested to pursue this course can apply directly to the college.
•    Admission will be offered on the basis of candidate’s performance in qualifying examination.
•    Candidate can avail the application form via online mode from the official website of respective colleges.

Job Opportunities after Diploma in Marine Insurance:

• Marine insurance plays a crucial role in domestic as well as international trade.Enormous job opportunities are available in the maritime industry for the qualified candidates of marine insurance. After this course, candidates can easily avail jobs in private and public agencies.
• Candidates are largely employed by Shipping Corporation and marine insurance companies. Besides this, candidates are also employed by the government and private ports, export-oriented units, container freight stations, international container depots, custom house agents and export promotion zones.
• Interested candidate can pursue higher studies in the same field for widening their career scope.

Salary Offered after Diploma in Marine Insurance:
The annual package offered to the professionals of marine insurance is approximately INR 2 to 2.5 lacs. In the US, the salary of such professionals ranges from approximately $46,389 to $71,137 per year.