Correct Answer: Option A

Explanation

Voyage Policy: Covers a specific voyage from one port to another.

Time Policy: Covers the insured for a specific period, regardless of the number of voyages.

Floating Policy: A single policy that covers multiple shipments over a period, rather than individual shipments.

Valued Policy: Specifies a fixed amount that will be paid in the event of a loss, regardless of the actual value of the goods at the time of loss.

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