Explanation:

- Hull insurance:

- This policy covers the ship itself against risks from perils on the sea, such as Acts of God, enemies, and fire.

- It ensures protection for the physical vessel.

- Cargo insurance:

- Protects the goods or cargo transported on the ship.

- Does not cover the vessel.

- Freight insurance:

- Covers the loss of freight revenue.

- It is not concerned with the ship or the cargo directly.

- Catastrophic insurance:

- Generally not a standard term in marine insurance.

- It does not specifically address marine perils.