Every business big and small would involve the shipment of products from one location to another. The type of products being shipped, the value of the consignment being shipped and the mode of shipment would all vary. Some businesses rely on shipment companies to get the cargo shipped and some have in-house shipment arrangements. Based on what is owned the choice of marine cargo vs. marine hull insurance would vary. Choosing an insurance company that caters to every type of marine insurance including cargo and hull insurance would be a good idea as this would be a perfect future ready option.
If you are looking for marine insurance in Singapore, you should consider Allegiance Associates Marine Insurance. They cover both Marine Cargo and Marine Hull insurances. You should definitely look them up above if you are serious about protecting your marine goods or properties.
Marine cargo insurance- as the name indicates this one covers the damage of the cargo being shipped.
Marine hull insurance- marine hull insurance covers the vessel that carries the shipment
Marine cargo insurance
If your business has outsourced the cargo shipment then a marine cargo insurance would be sufficient. This one can benefit not just the shipper but also the consignee as well as the distributors. If there is some damage caused to the goods being shipped then the insurance cover would automatically take care of the associated expenses. The policy can be chosen so as to cover inland shipments as well as those that occur to foreign countries. The value of the insurance premium here would depend mostly on the type of products being shipped (some risky cargo might attract higher premiums) and the value of the goods on the whole. Another factor that might affect the details of the policy would be the distance between the start and stop points of the shipment.
Marine hull insurance
If yours is a shipment business, one that handles cargo transportation via. ocean route, air or other modes of transport then you would definitely need a marine hull insurance. Particularly businesses that own the cargo vessel requires this type of vehicle insurance to meet the costs incurred in the maintenance of the vehicle. Hull insurance covers the vessel carrying the cargo and any damage that occurs to it. The type of products being shipped might not influence the premium in this case. But the trade routes that the vessel takes, machinery on board, the overall nature of the vessel and other such factors about the shipment vessel would determine the premium of the insurance policy. Hull insurance is handy because any repairs and maintenance work that happens at an unexpected time might in turn affect the shipment and this means there would be additional costs involved.
So choose the right type of insurance so as to get a proper insurance cover. The capital spent on marine cargo and hull insurance is one of the best investment any business can make.
DNA testing also known as DNA profiling is a technique pertaining to forensic science that helps to identify and determine an individuals characteristics through the help of the DNA. Now what is the DNA profile of an individual? It is a small set of DNA that is likely to vary between unrelated individuals. It is a unique as the fingerprint of an individual. DNA testing is very different from genome sequencing. DNA testing is mostly used in crime investigation and establishing the paternity of an individual. However there are many other uses of DNA profiling as well.
How is DNA testing done?
The process of DNA testing is established by the father of genetics, Sir Alec Jeffreys. In this process, a sample of the persons DNA (called a reference sample) is collected. The most common method of collecting this reference sample is through a buccal swab is not expensive and easily available and also non-invasive. If a buccal swab is not obtainable then other samples like saliva, blood, semen, sweat and other fluid tissue are used to collect the sample. This reference sample is then analyzed to determine an individuals DNA profile.
There are different types of DNA testing:
Polymerase Chain Reaction (PCR) Analysis: the PCAR analysis produces millions of precise DNA replications even from the smallest cell. Hence it has the advantage of analyzing even the miniscule sample that is gathered from the crime site.
Restriction Fragment Length Polymorphism (RFLP): this was one the first techniques of DNA analysis in forensic science but is slowly becoming obsolete. This technique is becoming obsolete because large size of samples are needed as compared to other techniques.
Short Tandem Repeat (STR) Analysis: this technique analyses individual areas of the DNA. In criminal investigation thirteen areas are analyzed to establish DNA profiles.
Mitochondrial DNA Analysis: this technique is used for samples on which the STR or RFLP techniques fail. There are two types of DNA mitochondrial and nuclear DNA. In all the types of DNA testing the nuclear DNA is removed from the sample, but in this analysis the mitochondrial DNA is removed from the sample.
Y-Chromosome Analysis: the Y chromosome passes from the father to the son and this analysis is used to determine parental disputes.
Uses of DNA testing:
Archaeologists are now using DNA tests to record genetic codes and how life has progressed on earth that date back to centuries. DNA databases are maintained that are used to compare DNAs. DNA profiling has helped scientists to understand mutation and evolution.
DNA testing is the most definitive way of establishing a childs paternity. Either for mental peace or for legal matters often it becomes imperative to establish the father child relationship biologically. This is when DNA testing plays a huge role.
To establish a family tree and trace back to ones genetic ancestors often DNA testing is done. As the Y chromosome found in male are not likely to change from generation to generation, the analysis of Y chromosome can be done to establish family lines.
One major use of prenatal DNA testing is that it helps doctors to understand the health condition of the fetus and also diagnose any health issues. The probability of risk in certain genetic diseases is also determined with the help DNA testing.
Another wide usage of DNA testing is seen in criminal investigation. DNA profiles are stored by the police to solve cases. Often serial offenders are identified through analysis of a DNA sample.
In the wide spectrum of science DNA testing is done on new species and unidentified objects from outer space.
Many Dna testing are also done on gifted children in to identify which mixture of genes from their parents gave them their intelligence.
What is an insurance?
We all need to protect ourselves from monetary losses. There has to be some security in case some mishap happens due to which we end up having huge financial losses. Financial losses can happen to an individual or an organization as a whole. There might be also cases where you end up harming your physical wellbeing due to which you need some kind of a security to fall back upon. It is for such scenarios that we need insurance. An insurance is an arrangement by which a company or may be the state ensure to give some kind of compensation in case of any kind of losses or damage or even in case of death.
There are many different types of insurances like medical insurance that a company might provide to its employees as an employee benefit in case of any kind of illness or accident during their tenure in the organization; then there is the corporate insurance that secures the company against any sudden financial loss. Apart from this there is the error and omission insurance often used by doctors to secure themselves from undue claims made by patients in case of any mishap. Finally there is a policy for those individuals who go out of their native lands to work in a foreign country. This insurance is known as the foreign workers insurance.
Industries that benefit from foreign worker medical insurance :
The foreign workers insurance is availed a lot by those industries where people come to work from different countries. For example in the hospitality business, a hotel can employ someone from a foreign country. That person then becomes liable to be covered under the foreign workers medical insurance. Also we are living in a global world. Every year, every day, every hour people are travelling from one end of the globe to the other end for work. Each time an individual travels to a foreign country whether from the manufacturing sector or the service sector, whether from the utility industry or the entertainment industry, the industrial products sector or the infrastructure sector, they come under the purview of the foreign workers insurance that give them the much needed medical security. This insurance is provided by the employer under state regulations that differ from country to country. However, the premise of the insurance remains the same all over the world.