This policy provides cover for loss or damage to various types of goods/consignments while in transit by road, rail or any inland waterway within the geographical area set out in the policy.
Types of covers
The cover is ordinarily provided on accommodation basis only (meaning with other classes of insurance)
Single Transit Policy
This is suitable for existing and/or potential clients whose businesses do not warrant an annual policy. Under this type of policy, cover is arranged from the place of loading to the place of discharge or unloading for one transit or series of transits within a definite short period of time.
This is a renewable annual cover and the insured is required to describe the following:
Perils covered under Goods in Transit Policy
Road/Rails Risks Cover Only
All Risks Cover
Requirements for Quotations
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