Goods in Transit

Marine

Goods in Transit

This policy is specially designed for individuals or companies that are in the business of goods transportation. The Goods in Transit policy offers protection against loss, destruction, or damage to goods whilst they are in transit - from the time of leaving the insured's premises to their final delivery.

The policy covers the insured against loss of or damage to goods caused by fire, theft, or accidental means such as collision, loading/unloading, etc. whilst being transported

This cover is more suitable for Agents and Distributors of cargo, and the premium is based on Estimated Annual Carryings and is adjustable at the end of the policy period based on actual values declared.

This Insurance is provided either on an accidental damage basis or on an all-risk basis.

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