noun
hull insurance; marine hull insurance
Insurance covering physical damage to the ship's hull and machinery. A technical term in maritime insurance.
船舶保険は、船体や機関の損害を補償する保険です。
Hull insurance is insurance that covers damage to the ship's hull and machinery.
海上保険 is a broader term for marine insurance, which includes hull insurance, cargo insurance, and liability insurance. 船舶保険 specifically refers to hull insurance.
Compound of 船舶 (ship) and 保険 (insurance).