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Warranty ( Marine insurance) for Korean used cars

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What does warranty cover?
Warranty (US$100) will cover the following:
• Cost of the vehicle if the vessel sinks, catches fire, or destroyed totally during transit
• Cost of "general average" (i.e. cost of salavation if vessel is rescued before sinking)
• Cost of any parts stolen, or replacement of any parts stolen, during transit
• Cost of any damage incurred during transit

Warranty is valid whilst the vehicle is on the vessel only. (i.e. Warranty ceases once the vehicle departs from the vessel's gate.)
The above accidents do not occur often, however they do occur unexpectedly.
Why take the risk of losing your hard earned money?
Warranty will give you peace of mind.