Which of the following statements regarding marine cargo insurance policies is true?

Marine cargo insurance policies are designed to protect against various risks associated with the transportation of cargo over water. One important aspect of these policies is that they often have specific exclusions and limitations related to certain types of damage, including spoilage.

The accurate statement holds that marine cargo insurance policies do not cover spoilage of temperature-controlled cargo. This is primarily due to the inherent risks associated with such cargo, which requires careful management of temperature throughout transit. Many standard marine cargo policies include clauses that explicitly exclude coverage for spoilage caused by temperature variations, leaving carriers and receivers at risk if proper handling procedures are not followed.

Understanding this exclusion is crucial for exporters and importers as it emphasizes the need to consider specialized insurance or additional coverage options when shipping perishable and temperature-sensitive products. This knowledge helps businesses in making informed decisions regarding their risk management strategies while transporting sensitive cargo overseas.